Nile Swim Club Files for Bankruptcy

The Nile Swim Club is being forced to file for bankruptcy as it has not been able to cover current or back taxes. The company reports that it brings in between $90,000 and $120,000 which is only enough to cover operating costs. The company has now filed for Chapter 11 bankruptcy protection in order to prevent the place from being sold. The pool may look at getting corporate sponsors in order to generate revenue.           

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.