The companies holding the largest unsecured nonpriority claims include American Express of Dallas ($24,172); Bank of America of Wilmington, Del. ($21,115); Frederick J. Hanna & Associates, P.C. of Marietta, Ga. ($19,658); Chase of Wilmington, Del. ($17,926); Advanta Bank Corp. ($17,741); and Business Loan Center of New York ($17,664).
Joan Lowe, the company’s president, could not be reached for comment on Monday, Oct. 19. Lowex’s attorney, Keith Fricker, was not immediately available for comment.
Chapter 7 filings usually lead to the liquidation of a company.
Contact this reporter at (937) 225-7457 or bsutherly@DaytonDailyNews.com.
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