Latest News 2011 October Sbarro Files Amended Bankruptcy Plan

Sbarro Files Amended Bankruptcy Plan

Sbarro Inc. has reportedly filed an amended bankruptcy restructuring plan. According to reports, in the plan, lenders are agreeing to provide about $35 million of new capital. The business will also reduce its total debt and emerge from bankruptcy protection before the end of the year. The company originally filed for bankruptcy in April.   

It's never easy to file for bankruptcy, but it doesn't have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your lie again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter. With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.   
Categories: Filing for Bankruptcy