TermScout files Chapter 7 bankruptcy

BROOMFIELD — TermScout Inc., which does business as SaleScout Data Solutions, has filed for bankruptcy.

The Broomfield-based sales and marketing firm is filing for Chapter 7 liquidation, according to a filing submitted to the U.S. Bankruptcy Court District of Colorado.

The company estimates that it has between 50 and 99 creditors, with assets between $0 and $50,000 and liabilities between $100,001 and $500,000. Specifically, TermScout calculated its assets, in the form of property, at $33,896 and its total liabilities at $383,091.

The biggest creditor is CEO Chris Lynde himself, who is listed as a priority unsecured claim of $21,500.

Large claims include more than $53,000…