Crawford Furniture Files Chapter 11

August 25, 2011  by in UnCategorized   

By Aggregated Content in Bankruptcy on August 26, 2011 from http://c.moreover.com/click/here.pl?z5121909279&z=1250249032 Crawford Furniture has filed for a Chapter 11 reorganization, which effectively freezes all attempts by creditors to collect on their debts. It's the latest attempt to keep the 127-year-old furniture maker in Jamestown alive. Crawford's financial problems became abundantly clear over the weekend. The landlord at both locations is the Benderson Company and Crawford's filing shows some of what they owe in back rent. They owe $98,000 to one landlord, $161,000 to another, and $60,000 to another.

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