Restaurants Perkins and Maria Callender’s have filed for bankruptcy earlier this month and have begun to close many of their restaurants nationwide. According to the Denver Post, four Perkins restaurants in the Colorado area have closed due to bankruptcy issues, including all three restaurants in Colorado Springs. There are still nine remaining Perkins locations in the Colorado State area. Perkins filed for a Chapter 11 bankruptcy and is hoping that this opportunity will allow them to improve the restaurants they have left. Maria Callender’s has already closed 31 locations across the board and the remaining Colorado locations do not seem to be effected.
The current state of our economy has led to a drastic number of companies filing for bankruptcy. Many companies are using this opportunity to strengthen the places they still have left and rebuild their company’s goals, and bankruptcy offers them a chance to do this. Companies can file one of three types of bankruptcy, a Chapter 7, 11, or 13. It is important for companies to review all of their legal and bankruptcy options before deciding which path to pursue.
If you or a loved one is considering filing for bankruptcy in Denver, Aspen, Colorado Springs, or anywhere in the State of Colorado, then you need a dedicated Colorado bankruptcy attorney to help assist you through this difficult time. For more information and your FREE CONSULTATION contact Brian Daniel at 303-951-0233. Our skilled and experienced Colorado bankruptcy lawyers are ready to help you.