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COVID-19 Update: How Will the CARES Act Affect a Chapter 7 or Chapter 13 Bankruptcy?
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) legislation being developed by Congress, to provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic, also provides temporary changes to Chapter 7 and Chapter 13 of the United States Bankruptcy Code. The changes are as follows:
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