_how-the-sbra-benefits-businesses-in-a-way-that-was-previously-unavailable-124-john-clark-bankruptcy-alabama.jpg "How The SBRA Benefits Businesses In A Way That Was Previously Unavailable | John Clark – Bankruptcy - Alabama from sbra Video Screenshot Preview")
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⏲ Duration: 99 sec
✓ Published: 01-Jul-2021
✓ Published: 01-Jul-2021
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clarklawfirmalabama.com/nnClark Law Firmn300 Office Park DrivenSuite 175nBirmingham, Alabama 35223nUnited Statesn(205) 506-0075nnThe SBRA makes the confirmation of a plan easier in a couple of different ways. First, the trustee who was appointed in a subchapter V case is different from other trustees you might see in some other chapters. Typically, in chapter 11, the debtor in possession acts as the trustee. In other words, the debtor is both the trustee and the debtor in possession. In subchapt
clarklawfirmalabama.com/nnClark Law Firmn300 Office Park DrivenSuite 175nBirmingham, Alabama 35223nUnited Statesn(205) 506-0075nnThe SBRA makes the confirmation of a plan easier in a couple of different ways. First, the trustee who was appointed in a subchapter V case is different from other trustees you might see in some other chapters. Typically, in chapter 11, the debtor in possession acts as the trustee. In other words, the debtor is both the trustee and the debtor in possession. In subchapt
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_how-the-sbra-benefits-businesses-in-a-way-that-was-previously-unavailable-124-john-clark-bankruptcy-alabama.webp "clarklawfirmalabama.com/nnClark Law Firmn300 Office Park DrivenSuite 175nBirmingham, Alabama 35223nUnited Statesn(205) 506-0075nnThe SBRA makes the confirmation of a plan easier in a couple of different ways. First, the trustee who was appointed in a subchapter V case is different from other trustees you might see in some other chapters. Typically, in chapter 11, the debtor in possession acts as the trustee. In other words, the debtor is both the trustee and the debtor in possession. In subchapt")
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_the-sbra-and-cares-act-explained-by-attorney-john-clark-124-bankruptcy-alabama.webp "clarklawfirmalabama.com/nnClark Law Firmn300 Office Park DrivenSuite 175nBirmingham, Alabama 35223nUnited Statesn(205) 506-0075nnThe CARES Act addressed multiple matters, including temporary changes to the SBRA in subchapter V. The CARES Act increased the debt limit requirement to qualify as a small business debtor from $2.7 million to $7.5 million. Therefore, a much larger percentage of potential business debtors qualified under the SBRA due to the CARES Act.nnFor More Information About Bankrup")
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_how-the-sbras-amendments-streamline-the-flan-confirmation-process-and-may-reduce-cost-124-john-clark-bankruptcy.webp "clarklawfirmalabama.com/nnClark Law Firmn300 Office Park DrivenSuite 175nBirmingham, Alabama 35223nUnited Statesn(205) 506-0075nnThe SBRA drastically speeds up the process of chapter 11, as it requires that a plan be proposed within 90 days, as opposed to the old requirement of 300 days. This means the bankruptcy will be shorter, which translates to fewer costs. Subchapter V also removes the requirement for a debtor to file a disclosure statement along with the plan, which would typically requir")
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_the-relaxation-of-the-sbra-requirements-when-confirming-a-plan-attorney-john-clark-explains-124-bankruptcy-alabama.webp "clarklawfirmalabama.com/nnClark Law Firmn300 Office Park DrivenSuite 175nBirmingham, Alabama 35223nUnited Statesn(205) 506-0075nnThe SBRA makes the confirmation of a plan easier in a couple of different ways. First, the trustee who was appointed in a subchapter V case is different from other trustees you might see in some other chapters. Typically, in chapter 11, the debtor in possession acts as the trustee. In other words, the debtor is both the trustee and the debtor in possession. In subchapt")
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