Small business or Subchapter V case

{
  "id": "MLC-T-LAW-000206",
  "term": "Small business or Subchapter V case",
  "field": "Law",
  "definition": "The Bankruptcy Code allows small business debtors to file for relief under two different special categories of Chapter 11 - small business or subchapter V. A debtor may elect either of these two options based on certain eligibility criteria. Both small business and subchapter V cases are treated differently than a traditional Chapter 11 case primarily due to accelerated deadlines and the speed with which the plan is confirmed.",
  "references": [
    "U.S. Courts Glossary of Legal Terms"
  ],
  "url": "https://mlchart.com/terminology/law/small-business-or-subchapter-v-case/"
}