Raleigh, N.C. — The parent company of some Peak Fitness health clubs in the Triangle filed for bankruptcy Thursday, saying it owes nearly 200 creditors a total of between $500,000 to $1 million.
Peak Capital Holdings LLC also cited $50,000 in assets.
Jim Henderson, the company's attorney, said Friday that amount wasn't completely accurate and that he has 15 days to provide a complete list of assets to the court.
Henderson said the company intends to keep its locations open.
Earlier this year, a Superior Court judge ordered the health-club chain to change its operating practices in response to hundreds of complaints over the past five years that dealt with contracts and billing practices.
Peak Fitness files for bankruptcy
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"Peak Fitness", in any form, is a shell - an insulator to protect Southeastern Fitness from liability or responsibility. So, if you'd care to sue them in small claims court for whatever problem they caused you, make sure you go after Southeastern... not just Peak. :)
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