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What to know about small business bankruptcy and the COVID-19 pandemic

At Gillespie & Murphy, P.A., we have never seen anything quite like the coronavirus pandemic. This government enforced shutdown of non-essential businesses has caused significant financial losses for business owners - especially small business owners-and it has left people with few places to go for help. If your business is hurting, it may help you to understand a little about your options.

Small business bankruptcy in a time of COVID

The coronavirus pandemic has hit one sector of the economy particularly hard: small businesses. Staying afloat can be challenging even in a favorable economic climate. The COVID downturn has had a crushing impact on small business owners across the country, with many shuttering their doors permanently. For some, bankruptcy is the only way out.

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Wilmington Office
321 North Front Street
Wilmington, NC 28401

Phone: 252-558-1374
Fax: 910-254-3444
Wilmington Law Office Map

Gillespie & Murphy, P.A.
320 Middle Street
New Bern, NC 28560

Phone: 252-558-1374
Fax: 252-636-0625
New Bern Law Office Map

Jacksonville Office
200 Valencia Drive, Suite 119
Jacksonville, NC 28546

Phone: 252-558-1374
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Greenville Office
101 W 14th St, Suite 101
Greenville, NC 27834

Phone: 252-558-1374
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