Bistro Repo?

by Talk Business & Politics ([email protected]) 96 views 

A writ of possession was filed June 11 in Washington County Circuit Court empowering the sheriff to repossess Campbell Street Bistro in Fayetteville from its owner, John Strong.

A lawsuit filed May 30 claims the restaurant was $5,173 behind in rent as of May 1. Additional rent of $77 per day has been accruing since then, according to the suit, filed by Carol L. Gregory of Fayetteville on behalf of The Rollston Building, L.L.C, where Strong rents space for the business.

A notice to vacate was sent to Strong on May 20, but the restaurant was still open there June 12.

On May 21, Strong filed for Chapter 13 reorganization in U.S. Bankruptcy Court in Fayetteville. Chapter 13 reorganization gives the debtor an opportunity to pay off a percentage of his debts if creditors agree to the plan.

In the bankruptcy court filing, Strong listed $195,000 in assets and $93,000 in debts for himself and his two businesses, the bistro and Emerald Coast Gourmet Coffee Co. of Fayetteville. The document also listed $12,000 owed to Shirate Properties in Springfield, Mo., for settlement of a least dispute. Strong had also owned an Emerald Coast coffee shop in Springfield that is now closed.