Does Business Debt Help Me Qualify For A Chapter 7 Bankruptcy?

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Does Business Debt Help Me Qualify For A Chapter
7 Bankruptcy?
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• Roughly eighty percent (80) of new businesses
  fail within the first eighteen (18) months and
  one-half (50) of the new businesses fail after
  the first four (4) years. Only twenty percent
  (20) make it past their five-year (5)
  anniversary.

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• So, what happens to the business debt of small
  business owners if their business folds? Business
  owners who sign personal guarantees can be held
  liable personally for the debts. However,
  business debt helps you qualify for a Chapter 7
  bankruptcy because the Means Test does not apply
  in bankruptcy cases where the debts are primarily
  business-related debts.

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• Primarily is defined as 50 percent or more of
  the total debt owed by the debtor.

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• An experienced Florida bankruptcy attorney
  understands how to help a business owner qualify
  and file for debt relief under Chapter 7.

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• If you have questions, please contact the Law
  Office of Tony Turner. Mr. Turner is an Orange
  Park Bankruptcy Attorney who offers a free
  bankruptcy consultation. If your business is
  experiencing cash flow or debt problems, contact
  The Law Office of Tony Turner by calling (904)
  679-2020 for a free bankruptcy consultation with
  a Florida bankruptcy attorney near me.

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• Bankruptcy lawyer Tony Turner assists businesses
  and business owners throughout Orange Park,
  Jacksonville, Lake City, Deland, St. Augustine,
  Deland, Daytona, and the surrounding areas
  explore bankruptcy and non-bankruptcy options for
  eliminating debt problems and