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Old 11-26-2007, 06:27 PM   #9
Scapegoat
TST Ruined My Life!
 
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Join Date: Dec 2005
Location: stop looking at my gold
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Quote:
Originally Posted by gpzjack View Post
They are con artists...lol...my cousin won a big lawsuit against them a few years ago. I hear they are in bankruptcy right now ...maybe they will fold the tent.
this is a year old: http://fitnessbusinesspro.com/forpro...lancing_bally/

and something else I found:

Quote:
NEW YORK (Reuters) - Gym operator Bally Total Fitness Holding Corp. on Thursday said it has may have to file for Chapter 11 bankruptcy protection from creditors if it is unable to restructure it's debt.

The company said it has $45 million in cash and $827 million in outstanding debt.

Chicago-based Bally also said it told the U.S. Securities and Exchange Commission that it is unable to file its annual report for 2006.
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