When the Bankruptcy Code was first enacted in 1978, student loan debt could be discharged either after the passage of five years since the repayment obligation began, or if repayment
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Michael R. Herz
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PPP Loan Availability in Bankruptcy Hinges on the SBA
By Michael R. Herz on
In a recent Fox Alert, Harriet Wallace examined the new potential for debtors and bankruptcy trustees to apply for Paycheck Protection Program (PPP) loans in connection with operating a…
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Subchapter V, Not a Moment Too Soon
By Michael R. Herz on
Although enacted before the COVID-19 pandemic, the new Subchapter V of Chapter 11 of the Bankruptcy Code seems almost prescient now and could be a game-changer for small businesses looking…
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Bankruptcy Filing Trends During the Pandemic
By Michael R. Herz on
In a recent article for Bloomberg Law, Mark Hall and I examined why consumer bankruptcy filings have not (yet) increased during the COVID-19 pandemic as initially predicted, despite a…
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Bankruptcy FAQ for Distressed Businesses
By Michael R. Herz on
In these unsettled times, Fox Rothschild has prepared a comprehensive Bankruptcy FAQ to help businesses understand their potential bankruptcy options, the notable features of the bankruptcy process, how to prepare…
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