In the late 1980s, Congress created Chapter 12 because Chapter 11 was not working for farmers. Finally, in 2019, Congress created a less expensive process for small businesses: the Small Business Reorganization Act (SBRA). The SBRA is a true game changer, and this presentation will explore when the Act is an appropriate option for struggling small-business clients. You’ll review:
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- How the SBRA can help struggling lawyers stay in practice
- The new relief available to small businesses
- Which businesses might be candidates for relief under the SBRA
- Ways SSF lawyers can help clients prepare for an SBRA filing
This program is an excerpt from the Wisconsin Solo & Small Firm Conference 2020.
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