Online-Live
Chapter 11 Bankruptcy - The New Subchapter V Option - A Valuable Tool for Small Businesses
Thursday, July 29, 2021 | 10:00 am - 11:00 am
Course # 125290 | by ACPEN
Members SAVE $20
$39.00
Member
$59.00
Non-Member
Speakers: Greg Ekdahl,Todd Almassian
Time: 10:00 am - 11:00 am
Course Credits: 1.0
Earn Up To: 1.0 OT credits
Level: Overview
Vendor: ACPEN

What you will learn

Participants will be able to recall the different types of bankruptcy, and which is best for their company or client.

Description

Recently, a new section was added to the Bankruptcy Code that allows small businesses to file a unique form of bankruptcy known as a Subchapter V case. It provides a number of advantages to businesses and business owners that were not previously possible and allows a case to be completed in much less time, and at less expense than a traditional chapter 11. In many instances, a business can quickly streamline, restructure or shed untenable debt, while allowing the equity owners to remain in place. This is intended to give a CPA an understanding of this new law and how it might be a valuable tool for certain clients.

Prerequisites:
None

Advanced Preparation:
None

  • Types of bankruptcy
  • Business Chapter 7
  • Chapter 11
  • Chapter 11 - The new subsection: Subchapter V
  • FAQs

CPAs from all size firms, business owners, CEOs, CFOs, Controllers and finance directors

  • Business Law
  • Greg Ekdahl
  • Todd Almassian
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