Tampa area bankruptcy courts recorded two business filings – including one with total debt above $1 million – during the week that ended June 3, 2022. Year to date through June 3, 2022, the court recorded 51 Chapter 7 or Chapter 11 business bankruptcy filings, a 21 percent increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure…
The week in bankruptcies: Larry Barber Enterprises and Tampa Smoke Shop
