Chapter 7 Business Bankruptcy Due to COVID-19
As the economy struggles amid the COVID-19 pandemic, businesses of all sizes in Pennsylvania and across the country are suffering financially. With so many companies forced to restrict or cease operations altogether, the resulting workforce reduction and revenue losses have many Pennsylvania businesses facing difficult decisions about their future. For those struggling financially before the COVID-19 pandemic hit, many are ready to call it quits and file for Chapter 7 bankruptcy.