Varnum (Michigan): Changes to the Bankruptcy Code Under the CARES Act

On March 25, 2020 the Coronavirus Aid, Relief and Economic Security Act (CARES Act) was passed by the Senate. It is expected to pass the House of Representatives today and be immediately signed into law by President Trump. The CARES Act aims to provide emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic. Surprisingly, the CARES Act makes some important changes to various provisions of the United States Bankruptcy Code. MORE.

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