The Small Business Reorganization Act of 2019 enacted a new subchapter V of Chapter 11. The act went into effect as of February 20, 2020. This subchapter of Chapter 11 seems to favor the side of the applicant for business bankruptcy. But it only applies if the applicant wants it to apply.

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If your market is like most markets across the nation right now, it is a hot seller’s market, and finding a good deal is extremely difficult. But that doesn’t mean you should give up on your goal of flipping houses. It just means that you need to develop creative ways to locate profitable deals. This usually means finding houses to buy outside the traditional route of going through a buyer’s agent.

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Loyalty is for family, country, religion, your company, and sports teams, among others. But it’s not for banks that are barely afloat and sinking fast.

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