A Springfield, Ohio-based floor covering retailer has filed for Chapter 11 bankruptcy protection. Court filings show a significant gap between the company’s estimated assets and liabilities.
The company plans to reorganize its finances through the bankruptcy process. It is planning to do so by qualifying as a “small business debtor.”
Byrum’s Floor Store, LLC Enters Bankruptcy
The company officially stepped into bankruptcy on April 14, 2026. While it didn’t reveal a reason citing the Chapter 11 proceedings, early filing details show a gap between its assets and liabilities.
The estimated liabilities, as given in case filings on RK Consultants, are over $825,000. Estimated assets total just over $126,000…