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hey everybody sean yesner here owner and founder of yesner law host of the crushing debt podcast author of the books crushing debt and become debt free and so continuing on with my series of popular blog posts that ive written and turning them into videos for all of you im outside on the back patio today its a gorgeous day here in tampa temperatures are in the high 50s low 60s and it and it feels great a few clouds in the sky but otherwise um pretty much perfect weather and so the blog post i wanted to talk about today was one i wrote a while back can i avoid paying my business debts by shutting down the old business and opening up a new business and the short answer is probably not and theres a couple different things at play here first of all if you have a limited liability company or if you have a corporation one of the things that you need to docHub to the florida secretary of state when you shut that business down is that the business has no debt and so if you just shut down