Jackson Hewitt Files Bankruptcy

Philip SanfordPARSIPPANY, N.J. - After reaching agreement with its lenders, Jackson Hewitt Tax Service has filed for Chapter 11 protection in what was termed a pre-packaged bankruptcy. The company expects a restructuring plan to be implemented within 45 to 60 days. It will continue its usual operations, including preparation for the 2012 tax season and it expects no disruptions. The plan would privatize the company.

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