asked

Can my Florida S-corporation be dissolved if I have $400,000 in debt? We are a travel company heavily impacted by the pandemic and unable to meet monthly payments. We wish to stay in business. My FL company is a bank account for clients to pay into, and the money is then paid to our provider in Costa Rica to operate trips. I own both companies. My debts are from SBA, Wells Fargo, Chase, and parents. I don't have any business or personal assets in the US, only my personal home in Costa Rica. The companies in FL and Costa Rica are separate entities but have the same name.

August 1st, 2023

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