Sometimes the best laid plans go awry, and that appears to have been the case for an entrepreneur who recently opened the first electrified truck stop in the state of Tennessee.
There are many established Tennessee companies that seek bankruptcy protection, for a variety of reasons. The decision to file may have nothing to do with poor business decisions or poor financial management. Instead, it may simply be a case of rising costs and diminished sales. In those situations, business bankruptcy offers debt relief and an opportunity to get a fresh start. Recently, Borders Book Store filed for bankruptcy relief after failing to find any buyers for the business.