Fox Files Chapter 11 - BodyShop Business

Fox Files Chapter 11

Fox Collision Center and Fox Real Estate filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court in Wichita, Kan., in January, according to The Wichita Eagle.

In a statement through his bankruptcy lawyer, owner Todd Fox claimed assets and liabilities between $1 million and $10 million. Fox also blamed M&I Bank for freezing the company’s payroll accounts, leaving employees unpaid.

Fox’s announcement advises former employees to file claims in the bankruptcy case to garner unpaid wages if the estate can raise the money to pay unsecured creditors.

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