Bally's Sports Clubs

Bally Total Fitness, hindered by debt and limited refinancing options amid the national credit crunch, filed for Chapter 11 in December for the second time in less than two years.
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( Kathy Willens / Associated Press )

Bally Total Fitness, hindered by debt and limited refinancing options amid the national credit crunch, filed for Chapter 11 in December for the second time in less than two years.

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