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Florida Bankruptcy Filings Surge Amid Economic Pressure

9/30/2025

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Story summary
  • Tampa Bay area Chapter 11 filings reach 337, a decade high, up about 50% year over year.
  • Surge driven by liquidity crunch, tighter lending, and rising interest rates, Cannizzaro says.
  • Lenders’ term adjustments to avert bankruptcy are waning, increasing risk for firms.
  • Florida farming families sell development rights to preserve land amid expansion.