In the COVID crisis, many consumers and companies face a daunting path to recovery, and for many that path may include bankruptcy. Professor Edward Morrison explains how the existing bankruptcy laws and the new laws and reforms can be used to mitigate the financial fallout from the crisis and under what circumstances a Chapter 7, 11, or 13 proceeding may be appropriate for consumers, small businesses, and larger corporations. Edward Morrison is a professor at Columbia Law School and an expert in bankruptcy law, including the causes and consequences of insolvency. ► http://www.talksonlaw.com for more legal explainers and interviews with the titans of law. ► Facebook: http://www.facebook.com/talksonlaw ► Instagram: http://www.instagram.com/talksonlaw ► Twitter: http://www.twitter.com/talksonlaw ____________________

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