The Scooter Store files bankruptcy

Claiming government investigations and changes in health care laws as the reason for its financial problems, The Scooter Store filed for protection under Chapter 11 of the U. S. Bankruptcy Code this week. The Scooter Store is famous for selling motorized scooters and wheelchairs to people who have limited mobility. Reporting far more debts than assets, The Scooter Store has been in trouble as it faced allegations of selling scooters to individuals who do not need them in order to bill Medicare for the charges.

For more on this story read, “Scooter Store files for Chapter 11 protection.

Speak Your Mind

*