According to the Toledo Blade, Bostleman Corp., a suburban Toledo construction firm, has filed for bankruptcy.
The company has been in business for 65 years with Fifth Third Bank as its primary lender. It was reported in 2006 that their revenue was up to $140 million. The recent filing showed its assets at less than $50,000, and its liabilities between $1 million and $10 million.
Fifth Third Bank’s $1.6 million is the largest claim of all its creditors.
If you are feeling overwhelmed by debt and considering bankruptcy, it is important to have experienced representation on your side to discuss your legal options. Contact Florida bankruptcy lawyer Ryan J. Really, Attorney at Law, PLLC, today by calling (239) 237-0675.