Florida Modification Specialists LLC filed for chapter 11 protection on Monday in the U.S. Bankruptcy Court for the Middle District of Florida to reorganize its business, the Tampa Bay Business Journal reported today. The company’s largest creditor is the U.S. Internal Revenue Service for approximately $230,000 in unpaid federal taxes, according to the court filing. The second largest creditor is the city of Lakeland, Fla., which is owed a little over $200,000. Brentwood, Tenn.-based Matthews Aviation Consultant is third, with a claim estimated at more than $122,000. Founded in 2009, Florida Modification or FMS is located at Lakeland Linder Regional Airport and primarily customizes planes for corporate clients. FMS performs complete airframe upgrades, freighter conversions, maintenance on aviation electronic systems, installation of winglets, and aircraft appraisals.
