Today's News about Small Business
Tillis, Colleagues Introduce Bipartisan Legislation to Help Small Businesses Restructure Debt
Source: Senator Thom Tillis (R-NC)
April 22, 2019
“The current one-size-fits-all method that dictates the Chapter 11 bankruptcy process unfairly disadvantages small businesses. This bipartisan legislation is a common sense approach to streamlining existing bankruptcy procedures while also providing new tools for small businesses looking for a successful path through restructuring,” said Senator Tillis.
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