Extended Stay Hotels to Exit Bankruptcy

The U.S hotel chain of Extended Stay America Inc. could be exiting bankruptcy protection as soon as June. The company is seeking confirmation of its proposed bankruptcy reorganization plan in June. It is currently looking to emerge from court protection as a privately held firm. Extended Stay noted that the new cash would help it fund operations, make regular debt payments and allow it to spend money on hotel improvements.

It's never easy to find yourself needing to file for bankruptcy, however when you do find yourself in this position, you need to know that you have options. You have rights that should be protected during this difficult time. When you are filing for bankruptcy, it's important that you understand the process and what your best solutions are for your situation. Bankruptcy is not the end, but the chance for a new beginning. It's in your best interest to work with a bankruptcy lawyer in resolving this matter because they will know best how to move forward with your case. An attorney will be able to guide you through this process and make sure that you choose the option that best fits your situation. By working with a lawyer, you can be ensured that you will recover from this difficult time. Please take some time today to contact a bankruptcy attorney and begin discussing the details of your case.