Krystal Burger files for Bankruptcy


The Krystal Company, the fast food restaurant known for its hamburgers, has filed for bankruptcy in the Northern District of Georgia. The bankruptcy petition reveals between $50 million and $100 million in debt.

The company released the following statement per Nation’s Restaurant News:

“The actions we are taking are intended to enable Krystal to establish a stronger business for the future and to achieve a restructuring in a fast and efficient manner,” the company said in a statement Monday afternoon. “We are pleased to be ready to move toward a brighter future for the brand and have the support of our stakeholders.”

Krystal has 318 restaurants with 202 of them company-owned and the remaining 116 franchised.

Have questions regarding bankruptcy? Then contact Attorney Alex Hernandez for a free consultation. Saturday appointments are available.

Attorney Alex Hernandez

Representing clients in the areas of Chapter 7 Bankruptcy, Family Law/Divorce, and car and motorcycle accidents for 20 years. (904) 712-5565 or (305)-688-LAWS (5297). *Se Habla Español

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