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Tag Archives: Florida

Can Small Businesses Benefit from Chapter 11?

Chapter 11 is usually the most complex form of bankruptcy. And in legal issues, complex can often mean expensive. But for certain small businesses with less than $2,000,000 in debt, a fast tracked Chapter 11 may be a realistic option that allows a business owner to gain the benefits of bankruptcy while continuing to do […]

The Means Test in Florida

Bankruptcy is a powerful tool that can allow businesses and individuals to discharge a substantial amount of their debts. As such, the bankruptcy courts are very careful to prevent the abuse of the bankruptcy system by subjecting petitioners under Chapter 7 with primarily consumer debt to a means test to determine if they truly need […]