On Monday, RoomStore Inc., filed for Chapter 11 bankruptcy protection.  

This isn't the first time RoomStore Inc. has filed as they did so a decade ago.  In 1997, RoomStore was bought by U.S. Heilig-Meyers, one of the country's biggest furniture retailers.  In August of 2000, RoomStore had over 54 locations in Maryland, Texas, Virginia, Washington, and Oregon.  That same month, Heilig-Meyers filed for bankruptcy.  RoomStore made it out of bankruptcy protection with 63 stores.

RoomStore currently owns 63 furniture stores and operates 81 Mattress Discounters bedding stores.  The Mattress Discounters are not under their current bankruptcy protection.  RoomStore plans to reorganize under this new protection and remove any stores that are unprofitable.

If you are considering bankruptcy, contact Maryland chapter 11 bankruptcy lawyers of Chaifetz & Coyle, P.C. at 443-546-4608 today.