How many consumer firms are looking into expanding into sub ch 5 as a result of this covid slowdown?

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Locally a couple of consumer debtor firms have jumped into subchapter V practice. We are definitely taking as many CLEs as possible and getting ready for a surge of subchapter V cases.

I expect ch5 to start once sba loans dry up. Would love to get a case but none have been filed yet in my district as far as I know

We have had a couple filed in the district but I agree I think the boom will be later this year

I have been trying to get chapter 5s going, but so far the businesses I have met with aren’t ready. I don’t know how many firms I town are going to get into them, but I agree it will likely boom once the SBA loans either dry up or have been tapped out

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