Mad Donna’s Filing for Bankruptcy
Posted on Jan 21, 2011 7:55pm PST
The Tennessee restaurant Mad Donna's is reportedly filing for Chapter 11 bankruptcy protection. The owners reportedly hope to keep the restaurant and lounge open at this time, operating while the reorganization occurs. The company reportedly listed assets at $53,000 and liabilities at $500,000. Now, the company is reportedly looking for new investors and alternative ways to acquire financing.
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 lie 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. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer 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.