Appliance Direct Company File for Bankruptcy
Posted on Jun 6, 2011 6:25pm PDT
The company that oversees about eight Appliance Direct stores in Florida has reportedly filed for Chapter 11 bankruptcy. According to reports, the company is now hoping to reorganize its debts in order to continue operation. The stores reportedly filed individual Chapter 11 bankruptcies just recently as well. The company has reportedly already started working out a payment agreement.
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