Kansas Company Files for Bankruptcy
Posted on Jun 25, 2011 9:05pm PDT
Schupbach Investments, which owns multiple properties, has reportedly filed for Chapter 11 due to a high turnover of tenants. According to reports, the company filed to reorganize their debt. The company has allegedly listed assets at about $4.7 million and debts at $5.3 million. The business reportedly owns about 160 properties with about 200 houses.
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