Latest News 2011 May Jeweler Files for Bankruptcy

Jeweler Files for Bankruptcy

Hofmeister Personal Jewelers in the Indianapolis area has reportedly filed for bankruptcy. According to reports, the company filed Chapter 11 after being in business since 1973. In the bankruptcy filing, the company listed assets at about $3.8 million and liabilities at about $5.4 million. The company reportedly suffered due to the economic problems as they focus on luxury items.            

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