Owners of The Craig and The Canyons Retirement Communities Files for Chapter-11

-

AMARILLO -- The parent company of two Amarillo nursing homes has filed for bankruptcy.

Sears Methodist Retirement Systems Incorporated board of directors decided it was necessary to file for Chapter-11 last month and filed the paperwork on the tenth of this month.

Court documents show that the company has more than a $100-Million in liabilities.

They operate 11 nursing homes in eight Texas cities.


More Stories

  • Weather
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • Studio4
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • Play Games
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • At the Movies
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
  • Follow Us
    Copyright 2017 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest News