Ramsi’s Cafe on the Planet Louisville information for Chapter 11 bankruptcy

LOUISVILLE, Ky. — Ramsi’s Cafe on the Entire world, which has served global dishes for just about

LOUISVILLE, Ky. — Ramsi’s Cafe on the Entire world, which has served global dishes for just about a few a long time at its Highlands place on Bardstown Highway and opened a 2nd locale in Norton Commons this summer, has filed for Chapter 11 individual bankruptcy.

Owner Ramsi Kamar submitted the filing Wednesday in U.S. District Court for the Western District of Kentucky, in accordance to on the web court data.

Kamar documented believed belongings of between $ and $50,000 and believed liabilities of concerning $500,000 and $1 million in the filing.

The restaurant’s creditors who are owed cash, according to the filing, involve the Inside Revenue Company, Aramark, Kentucky Division of Income and Louisville’s finance department together with the U.S. Little Business Administration and Corporation Assistance Business.

Submitting for Chapter 11 personal bankruptcy does not signify Ramsi’s is necessarily on its previous legs, as Chapter 11 enables a small business to restructure its debts and shell out them again in excess of time.