Latest News 2011 September Burger Shoppe Closes Down, Files Bankruptcy

Burger Shoppe Closes Down, Files Bankruptcy

Burger Shoppe in New York has shut down and filed for Chapter 7 bankruptcy liquidation. According to reports, owes about $100,000 to the landlord of the business location and $5,000 to New York state tax authorities. Chapter 7 bankruptcy will allow the company to liquidate assets in order to pay off creditors.          

It's never easy to find yourself in the position of needing to file for bankruptcy no matter where you are in life. However, it's important to understand that filing for bankruptcy does not have to be the end, but can be a chance at a new beginning. You need to know that you do have rights to protect during this difficult time, but can do so when you know how to handle your case. You will be able to recover from this difficult part of your life.

By working with a bankruptcy lawyer, you will be able to resolve this matter in the most beneficial and timely manner. You can count on an attorney to know how to approach your specific situation and be able to guide you through it. A lawyer will always have your best interest in mind while fighting for your rights. Please take some time today to contact a bankruptcy attorney today to begin discussing the details of your case.