Jimerson Firm
MAY 5, 2021
Some small businesses debtors will close without reorganizing and before having received forgiveness for or paying off the funds they received through the PPP loan and/or EIDL programs. The degree of risk largely depends upon the individual loan terms and, in particular, whether the loan is collateralized and/or required personal guarantees.
Burr Forman
AUGUST 10, 2020
Derek regularly represents debtors, creditors, committees, asset purchasers and other clients in matters related to insolvency, financial distress, and bankruptcy, both in and out of court. Derek is the chair of the firm’s Creditors’ Rights and Bankruptcy practice group and a Fellow in the American College of Bankruptcy.
Collection Industry News
SEPTEMBER 29, 2020
million in light of the unprecedented financial distress being experienced by small businesses all across the county, including especially by small retailers and manufacturers, restaurants and services providers. million to $7.5 The increased debt limit, which became effective February 20, 2020, includes a one-year sunset.
Expert insights. Personalized for you.
98 
Let's personalize your content