Bankruptcy attorney needed by gym. Gyms have popped up all over the country. They seem to be in every strip mall in Broward County. With that many gyms, competition is fierce. Many gyms are bound to run into money problems. There are only so many potential members to go around. A business owner is no different than an individual when money issues surface. Bills pile up. So do late fees and interest charges. Then the endless calls from collectors begin. Then lawsuits and judgments often follow. This Broward county bankruptcy lawyer has seen this sad cycle many times. People feel there is no solution. Then they make the move. They contact a bankruptcy lawyer and seek an answer to their problems. That is exactly what the manager and the owner of an Arkansas gym was forced to do. World Gym ran into big time debt. Memberships could no longer pay the bills. The gym manager had to make a decision. Continue to drown in debt. Or take the bull by the horns and find a solution. A bankruptcy lawyer was needed. A chapter 7 bankruptcy case was filed. The gym was facing a lawsuit alleging more than $475,000 in back rent. The bankruptcy filing will create an automatic stay on the lawsuit. This is the same dilemma debtors in Broward county face on a daily basis. A bankruptcy filing will stay actions in state civil court. The gym was forced to close both locations of their gyms. While the business was forced to close, the manager as the owner has a chance at a new start. Free of debt if the debts are discharged in the Chapter 7 bankruptcy filing. That call to action is often needed when the burden of debt cannot be overcome. Often the right call is to push that reset button. File a Chapter 7 bankruptcy case and start over. Relief could be only a phone call away.
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