A Popular Kingsport Country Club Is Reportedly Filing For Chapter 11 Bankruptcy Reorganization Next Month. First Community Bank Of East Tennessee Ran A Notice In The Kingport Times News Announcing The Sale Of Ridgefields Country Club. The Auction Is Suppose To Take Place December 18th. But Club President Claudia Leonard Hopes That By Filing For Chapter 11 Before The Auction Date Will Prevent The Club From Being Sold. She Claims This Action By The Bank Was Taken After The Two Sides Couldn’t Reach An Agreement Regarding Outstanding Loans.