Owner of Domino's Pizza Chains Files for Bankruptcy

An owner of four New York Domino’s Pizza stores has reportedly filed for bankruptcy protection. According to reports, the owner claims that lawsuits from former employees have caused problems as more than 50 delivery employees have sued the employer and certain managers. The employees claimed the business had wage and hour labor violations. The owner filed for Chapter 11 bankruptcy and listed assets of up to $500,000 while liabilities were at up to $1 million.

Anyone at any time can find themselves needing to file for bankruptcy, whether personal bankruptcy or as a company. You need to know that these matters can be resolved in a beneficial way if handled properly so that you are able to move forward with your life. You do have rights to protect during this difficult time, but it’s important that you take the correct steps to do so. Filing for bankruptcy does not have to be the end, but can be the chance at a new beginning when you make the right choices.

With the help of a bankruptcy attorney, you can begin to resolve this matter and get your life back together. A lawyer will know how to best approach your situation and all aspects including any court proceedings. You can count on an attorney to always have your best interest in mind while settling your bankruptcy situation. Please take some time today to contact a bankruptcy lawyer and begin discussing the details of your case now.