Montgomery based Bluewater Broadcasting has filed for Chapter 11 bankruptcy protection. The filing followed Landmark Bank calling for immediate repayment of its $4.5 million loan to the company.
In its filing, the company listed $10 million in debts. It will continue to operate its five radio stations in the Montgomery area while it goes through the bankruptcy reorganization process.
If you are considering filing for bankruptcy, contact the Birmingham bankruptcy lawyers of Greenway Law, LLC at 205-324-4000.