Apex Turnkey Services, LLC has filed for Chapter 11 bankruptcy protection. Its bankruptcy decision is targeted at restructuring the surging debts. The company expects to continue operating while the case moves through court.
Apex Turnkey Services, LLC Seeks Chapter 11 Bankruptcy Protection
Court records show the company filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Northern District of Texas on February 17.
Apex Turnkey Services, LLC qualified the requirements of a small business debtor as defined in 11 U.S.C. § 101(51D) and chose to move ahead under Subchapter V of the Chapter 11 filing, court records state.
The records add that the aggregate noncontingent liquidated debts of the damage restoration and reconstruction company are less than $3,424,000…