Basics of Small Business Bankruptcy

The COVID-19 pandemic has created financial hardship for many small business owners, and these owners have several options for how to handle their financial distress.

In this webinar, presented by retired bankruptcy judge Hon. Thomas Small, we will focus on understanding the basics of small business bankruptcy.

You’ll learn:

• When it can help a business
• How it works
• What are the consequences?
• How recent legal changes make bankruptcy work better for small businesses

U.S. Bankruptcy Judge, Eastern District of North Carolina (1982 to 2009; chief judge from 1992-1999, 2006-2007); re-called 2013-2014.
A.B., Duke University. J.D., Wake Forest University School of Law.

Chair, U.S. Judicial Conference Advisory Committee on Bankruptcy Rules, 2000-2004, Member, 1996-1999. Bankruptcy Judge Representative to U.S. Judicial Conference, 2004-2007. Member, United States Judicial Conference Long Range Planning Committee, 1991-1996.

Presented by: Ben Iverson

Ben Iverson is an associate professor in the finance department at BYU, where he has worked for the past three and half years. Prior to that, he was an assistant professor at the Kellogg School of Management at Northwestern University. His research mostly focuses on corporate and consumer bankruptcy, and he has published articles in several of the leading academic journals.

Ben received his Ph.D. in Business Economics from Harvard University and his undergraduate degree in economics from BYU. He also worked as an assistant economist at the Federal Reserve Bank of New York.