Arby’s Franchise Owner’s Chapter 7 Bankruptcy Petition OK’d by Court

Written by CFB Blogger. Posted in Blog

Six Arby’s restaurants have recently closed in Northeastern and Central Pennsylvania, leaving dozens of employees looking for new jobs and/or filing for unemployment compensation. On that same sad day, Roy McDonald, president of Clarks Summit-based Dijan, Inc., saw his Chapter 7 bankruptcy approved in federal court. According to a news article by Joe Sylvester for www.timesleader.com, Dijan had filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the Middle District of Pennsylvania in August 2010.  That bankruptcy was converted to a Chapter 7 bankruptcy, allowing for liquidation of the company’s assets. Mr. McDonald’s Arby’s restaurants that closed were in Kingston, Scranton, Pine Grove in Schuylkill County and in the Wyoming Valley, Lycoming and Schuylkill malls. The news story reports that a spokeswoman for the Atlanta-based Arby’s Restaurant Group Inc. issued a statement saying that the company was evaluating the situation to determine if the restaurants could be reopened under new ownership. Your overwhelming debt is a serious matter that you need to deal with now. Filing for Chapter 7 or Chapter 13 personal bankruptcy is complicated. You need a knowledgeable and experienced bankruptcy attorney from Client First Bankruptcy at your side to guide you through every step. Call us toll-free at 800-383-6004 Monday through Friday from 8:30 a.m.-6:00 p.m. Central Time to speak with an experienced bankruptcy representative. For 24/7 access, please log onto our easy-to-navigate website at clientfirstbankruptcy.com for vital information about your Chapter 7 or Chapter 13 bankruptcy. It could be the key to your financial freedom. We help Americans eliminate their debt. Let us help you, too. Call us today, sleep better tonight.