WebThere are more than 2.4 million small businesses in Florida, employing more than 3.2 million people. If you are one of them, you might be wondering if bankruptcy is an option to reduce your debt. Depending on … WebBankruptcy can help you whether you wish to continue or shut down your business. However, which type of bankruptcy can benefit you the most depends on your business structure and if you intend to stay in business. Chapter 7 vs. Chapter 13 for Small Business Owners Not sure which type of bankruptcy is best for your small business?

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Apr 18, 2024 · WebIn order to file a small business case, the debtor must be engaged in commercial or business activities (other than primarily owning or operating a single piece of real property) with total secured and unsecured debts of $3,024,725 or less, not less than 50 percent of which arose from the commercial or business activities of the debtor. al nassar vs al ettifaq

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Web2 days ago · – Associate Editor, South Florida Business Journal . Apr 12, 2024. Broward Performing Arts Foundation Celebration. James Taylor and his All-Star Band headlined the 2024 Broward Performing Arts ... WebChapter 13 business bankruptcy is Chapter 11 for smaller businesses. To file Chapter 13, you can’t owe more than $419,275 in unsecured loans or $1,257,850 in secured loans. For this reason, Chapter 13 is used primarily by sole … WebApr 3, 2015 · Filing for Florida Bankruptcy There are several different divisions of the … al nasser company