Scooter Store Holdings Inc., a supplier of motorized scooters and wheelchairs throughout the U.S., filed for bankruptcy with a plan to sell virtually all of its assets, Bloomberg News reported yesterday. The closely held company, based in New Braunfels, Texas, listed assets of less than $10 million and debt of more than $50 million in chapter 11 documents filed yesterday. Seventy-one affiliates also sought protection. The company owes more than $19 million to the Centers for Medicare & Medicaid Services, administrator of the two government programs, according to court papers. The case is In re Scooter Store Holdings Inc., 13-10904, U.S. Bankruptcy Court, District of Delaware (Wilmington).
