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.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by dunwrong Location: Sugarland on Oct 3, 2008 at 09:28 PM
    Poor thing he keeps his personal Billions and the employee keep thier rubberized checks that cost them fees against them when they didn't cleared Columbus Bank and trust in Georgia, and the hurry and run checks to Chase Bank checks
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