The week in bankruptcies: Impressive Pavers Inc.

Orlando area bankruptcy courts recorded one business filing — including zero with total debt above $1 million — during the week that ended July 16, 2021. Year to date through July 16, 2021, the court recorded 40 Chapter 7 or Chapter 11 business bankruptcy filings, a 42% decrease 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…