Burger Chain Filing for Bankruptcy
Posted on May 4, 2010 12:50pm PDT
The parent company of the burger chain Fuddruckers has filed for bankruptcy. Magic Brands is the owner of the burger chain and will close 24 of the locations. The Chapter 11 filing is a move that is intended to allow the company to sell its assets to a private equity group.
It's never easy to file for bankruptcy, but it doesn't have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your life again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter.
With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. An attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy attorney today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.