Tuffy Tire & Auto Service Franchisee Files for Chapter 11 Bankruptcy
Automotive Solutions Inc., a franchisee of Tuffy Tire & Auto Service, has filed for Chapter 11 bankruptcy in Indiana. The company listed assets and liabilities between $1 million to $10 million, with over $2 million in debts owed primarily to Newtek Small Business Finance and the U.S. Small Business Administration.
Topics: bankruptcy franchising tire industry