Radio Station Files for Bankruptcy Protection
Posted on Sep 5, 2012 3:15pm PDT
Cumberland County, Pennsylvania radio station WHYL 960 AM has reportedly filed for bankruptcy protection. According to reports, the radio station has been having trouble meeting the demands from the IRS and other creditors. As a result, the business decided to file
Chapter 11 as a way to continue operations while dealing with their debt. The reorganization plan they will later present will have to gain the approval of creditors.
No one wants to file for bankruptcy, but there are cases in which this is the best decision for a person or company to make. You should understand the process of filing and go about it in the correct manner so that your case is resolved in the best possible way. You do not want to have to suffer further as bankruptcy can be a new beginning for your life.
By working with a bankruptcy attorney you can proceed forward with your case in the most beneficial way. You deserve to be able to move forward with your life and a lawyer will be able to help you with just that if you begin discussing your case today. An attorney will know how to handle all aspects of your case including any necessary court proceedings. Please take some time today to contact a bankruptcy lawyer who will always have your best interest in mind during this difficult time.