Bill Heard Enteprises Files For Bankruptcy

The Columbus, Ga.-based company filed for Chapter 11 Sunday in
the U.S. Bankruptcy Court for the Northern District of Alabama.

The auto dealer posted revenue of about $2.5 billion a year at
its peak and said it began to post monthly operating losses
starting in mid-2007.

This year, those monthly losses totaled $2 million to $5 million a month.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 29891314 -
Gray Television, Inc.