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Small business owners in Southwest Florida should be paying attention to Subchapter V. After the pandemic-era $7.5 million limit expired in June 2024, the threshold reverted to $3,024,725, then increased again to $3,424,000 for cases filed on or after April 1, 2025. That change may help more closely held businesses use a faster, more affordable Chapter 11 path without the full cost and complexity of a traditional reorganization. If your business debt comes largely from operations, contracts, equipment, or vendor issues, eligibility is worth checking now instead of assuming Chapter 11 is out of reach. The numbers changed, and that can change your options. Give us a call at ZinnLaw (239) 418-1529 or visit our website at https://www.zinn.law. #SmallBusinessBankruptcy #SubchapterV #FloridaBusinessLaw #ZinnLaw
ZinnLaw
Bankruptcy Law. Contract Law. Commercial Litigation. Real Estate. Construction Law. Tax Negotiation.
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