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Congress enacted the Small Business Reorganization Act of 2019 (“SBRA”) on August 23, 2019, to facilitate the reorganization of smaller business debtors in the United States. The SBRA,...
Individual Chapter 13 Filings Increased by 23 Percent...
Commercial Chapter 11 Filings Increased 68 Percent in the First Half of 2023
Small business filings, captured as subchapter V elections within Chapter 11, increased 81 percent to 157 in April 2023 from 87 in April 2022, according to data provided by Epiq Bankruptcy, the leading provider of U.S. bankruptcy filing data. All Chapter 11 filings increased 32 percent in April 2023 to 277 from the 210 filings in April 2022....