Three South Florida businesses file for bankruptcy, including Beltempo USA

South Florida bankruptcy courts recorded three business filings — including two with total debts above $1 million — during the week that ended Feb. 26. Year to date through Feb. 26, the courts recorded 26 Chapter 7 or Chapter 11 business bankruptcy filings, a 47% 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 its…