Platinum Express, Inc., a Dayton, OH-based trucking company with more than two decades of experience, has entered bankruptcy proceedings. The filing comes as the company faces more than $1 million in unsecured claims.
The regular operations are expected to continue normally under the supervision of the court.
Platinum Express, Inc. Seeks Chapter 11 Protection
The company filed under Subchapter V, a Chapter 11 provision designed for qualifying small businesses. Subchapter V is intended to streamline the bankruptcy process while reducing costs for small businesses.
According to case filings on PACER, attorney Darlene E. Fierle of Thomsen Law Group, LLC is the legal counsel for Platinum Express, Inc…