Staffing Company in Richmond Files Chapter 11 Bankruptcy

by San Antonio Attorney

Richmond-based Excel Staffing Services Inc. filed for Chapter 11 bankruptcy on Nov. 28.  The staffing agency declared assets between $100,001 and $500,000 and debts in the same range.

The company is also called Excel Management Services Inc.  The bankruptcy petition will allow the company to reorganize while the court prevents its creditors from continuing its debt collection efforts against the company.

Excel Staffing’s biggest creditor is Granite State Insurance, which is a New York firm owed $154,387 from a court judgment.  Its second biggest creditor is Trion Solutions II Inc., which is a Michigan company, owed $53,080 for services provided.

Excel Staffing president Billie Brown said she disagrees with the claim of Granite State.  A judgment was ordered against her because he attorney did not appear in court, according to her.

This is the second bankruptcy filing of the company.  Its first filing in 2008 was resolved and dismissed.

Brown said this disagreement involves the assignment of laborers on a construction site.  According to her, the laborers are not carpenters so they are not entitled to get workers’ compensation rates just like the claims of insurance company.

Excel Staffing started in 2000 as a staffing agency that finds find temporary and long-term workers.

When a company or individual files for bankruptcy, an “automatic stay” takes effect.  The stay prevents creditors from trying to collect the money you owe unless they have successfully requested the court to lift the stay.

To find out what bankruptcy can and cannot do, talk to a San Antonio Attorney.

Leave a Comment

Previous post:

Next post: