Latest News 2010 June Flying J Emerging from Bankruptcy

Flying J Emerging from Bankruptcy

The fuel stop chain, Flying J, is close to emerging from bankruptcy at this time. They are looking to exit by July 31st. As of now, they are working on a merger which will aide them in their reorganization plan. Originally, they filed for bankruptcy protection in December 2008. The company cited falling il prices and a sudden freeze in credit markets as the reason for their Chapter 11 filing.      

Anyone at anytime 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.
Categories: Chapter 11 Bankruptcy