Was the Angry Chickz CEO's bankruptcy a Chapter 7 filing?

According to the 2025 Angry Chickz Franchise Disclosure Document, David Mkhitaryan, the Chief Executive Officer and founder, filed for Chapter 7 Bankruptcy in the US Bankruptcy Court Central District of California (San Fernando Valley) Case Number: 1:19-bk-12181 vk on August 29, 2019. The case was discharged on December 9, 2019.

This disclosure is important for prospective franchisees as it provides transparency regarding the financial history of the company's leadership. Bankruptcy filings can sometimes raise concerns about management's financial acumen or the stability of the business. However, the fact that the case was discharged indicates that the obligations were resolved.

It is essential for potential franchisees to consider such information in the context of the overall franchise opportunity. While a past bankruptcy does not necessarily disqualify an individual from successfully leading a company, it warrants careful consideration and further investigation into the circumstances surrounding the filing and subsequent discharge.