Montgomery County-Based National Institute for Alcohol Recovery Files for Bankruptcy

Summary


A defunct Montgomery County-based addiction recovery company whose main product was a do-it-yourself home-based treatment for alcoholism has filed for bankruptcy, owing more than $1 million to casting agents, web designers and public relations companies.

The National Institute for Alcohol Recovery LLC, or NIFAR, filed for liquidation Nov. 24, listing $1.14 million in debts and no assets.

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Extract


Montgomery County-Based National Institute for Alcohol Recovery Files for Bankruptcy

According to court documents, the company's biggest creditors are Bethesda-based Eagle Bank and Utah-based Occurrence Teleservices -- which fields sales calls fr...

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