Two local small businesses filed bankruptcy last week in Chester, with one seeking extra time to work out debt and the other closing up shop.
Battling a disputed claim of $2.5 million in debt, D.R.B Inc., known as Don’s Trucking, filed for Chapter 11 bankruptcy protection.
Based at 1801 Coxendale Road, just off Interstate 95 in Chester, the company lists $2.8 million in debts to more than a dozen businesses and other creditors.
That debt includes $200,000 owed to the IRS, $42,000 owed to Anthem, $35,000 owed to B&C Truck Sales of Glen Allen, $27,000 owed to Colonial Tire in Richmond and $25,000 owed to Parker Oil in Hopewell.
The biggest chunk of its listed debt is $2.52 million owed to United Leasing Corp. in Mechanicsville. The bankruptcy filing states that Don’s Trucking is disputing that debt.
Don’s Trucking is represented in its Chapter 11 filing by attorney Robert Canfield of the law firm of Canfield, Baer & Heller.
Martha H. Beverley is the sole director of the company.
Just a few miles to the east, Noble/West Enterprises LLC, which did business as Hair Extreme, filed last week for Chapter 7 liquidation.
Hair Extreme, which operated at 10420 Ironbridge Road, listed assets of $13,000 and debts of $172,000.
Its debts, according to the filing, include $8,000 owed to its landlord, Iron Bridge LLC.
It also owes $131,000 on a small-business loan to SunTrust, $21,000 in credit card debt owed to Bank of America and $10,000 in credit card debt owed to SunTrust.
Hair Extreme is represented in its bankruptcy filing by Richard O. Gates of the Gates Law Offices.
Robert Noble is listed as the company’s business manager.
Two local small businesses filed bankruptcy last week in Chester, with one seeking extra time to work out debt and the other closing up shop.
Battling a disputed claim of $2.5 million in debt, D.R.B Inc., known as Don’s Trucking, filed for Chapter 11 bankruptcy protection.
Based at 1801 Coxendale Road, just off Interstate 95 in Chester, the company lists $2.8 million in debts to more than a dozen businesses and other creditors.
That debt includes $200,000 owed to the IRS, $42,000 owed to Anthem, $35,000 owed to B&C Truck Sales of Glen Allen, $27,000 owed to Colonial Tire in Richmond and $25,000 owed to Parker Oil in Hopewell.
The biggest chunk of its listed debt is $2.52 million owed to United Leasing Corp. in Mechanicsville. The bankruptcy filing states that Don’s Trucking is disputing that debt.
Don’s Trucking is represented in its Chapter 11 filing by attorney Robert Canfield of the law firm of Canfield, Baer & Heller.
Martha H. Beverley is the sole director of the company.
Just a few miles to the east, Noble/West Enterprises LLC, which did business as Hair Extreme, filed last week for Chapter 7 liquidation.
Hair Extreme, which operated at 10420 Ironbridge Road, listed assets of $13,000 and debts of $172,000.
Its debts, according to the filing, include $8,000 owed to its landlord, Iron Bridge LLC.
It also owes $131,000 on a small-business loan to SunTrust, $21,000 in credit card debt owed to Bank of America and $10,000 in credit card debt owed to SunTrust.
Hair Extreme is represented in its bankruptcy filing by Richard O. Gates of the Gates Law Offices.
Robert Noble is listed as the company’s business manager.