Belle Foods files for bankruptcy -, GA News Weather & Sports

Belle Foods files for bankruptcy

(WTVM) -

Belle Foods filed for Chapter 11 Bankruptcy protection on July 1st.

The company says they're struggling to pay debt.

In April, the Birmingham-based company announced plans to hire 300 part-time workers in its stores in Alabama, Georgia, Florida, and Mississippi.

Company officials says a decline in business, technical issues with its accounting system and issues with its lending structure and relationship all factored into the decision to file for bankruptcy.

Copyright 2013 WTVM. All rights reserved.

Powered by Frankly