Total Care Medical Center LLC has filed a voluntary Chapter 11 bankruptcy petition on October 7. The Aiken-based pharmacy serves the local community and surrounding areas.
Court records on PACER show Kenneth Stephen Hibbitts, the company’s authorized member, signed the petition. Attorney W. Harrison Penn of Penn Law Firm LLC is representing the company. The filing lists unsecured creditor claims but does not state a specific reason for the bankruptcy.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. Total Care Medical Center LLC has filed for Chapter 11 subchapter V, which provides a streamlined Chapter 11 process for qualifying small business debtors. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
Overview of the Filing
Court records on PACER show that the company submitted a list of creditors with the largest unsecured claims. These claims were tied to trade debt, supplier/vendor obligations, past due lease payments, and other areas…