Mitzi Osborne Owes $1.2 Million in Bankruptcy

by Arkansas Business Staff  on Monday, Jul. 15, 2013 12:00 am  

Jennings Osborne

“People are pretty stunned, but at the same time, some people aren’t shocked,” Osborne’s daughter, Allison “Breezy” Osborne-Wingfield told Arkansas Business in May 2012. “Our dear friends know that this had been going on for the past couple years, and it was hard to keep rebuilding what was lost.”

Mitzi Osborne’s bankruptcy attorney, Lyndsey Dilks of the Brad Hendricks Law Firm, said last week in a statement to Whispers that Osborne “has had her furniture, vehicle, jewelry, clothing and even her dishes liquidated.

“Her home has been foreclosed. Still, her largest local creditor refused to give her peace.

She was left with no choice but to” file for bankruptcy, Dilks said in the statement — referring to Metropolitan, which, of course, has had its own financial problems. Its holding company, Rogers Bancshares Inc., sought its own bankruptcy protection earlier this month.

“Mrs. Osborne looks forward to putting this difficult time behind her,” Dilks said.



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