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By the Credible Law Editorial Team · Published November 3, 2026 As voters head to the polls today, one measure of small-business strain is already on the record. Small businesses electing Subchapter V, the streamlined bankruptcy track Congress created for them in 2019, did so 2,442 times in the first nine months of 2026. That…
Wendy’s closing locations in 2026 have raised questions about the Meritage Hospitality franchisee bankruptcy. Explore the reported Chapter 11 filing, restaurant closures, financial pressures facing franchise owners, and what the case could mean for restaurant debt restructuring and business bankruptcy.
The House passed a proposal to raise the Subchapter V debt limit to $7.5 million. Learn what the proposed change could mean for businesses carrying merchant cash advance debt, who may qualify, and why the current rules still apply unless the bill becomes law.
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