The Bend Bulletin is filing for Chapter 11. The local newspaper owned by Western Communications says they are seeking protection from Bank of America. The disagreement is over the terms of paying back their more than $18 million in loans. Bulletin Editor John Costa explains what is happening: “We borrowed the money, from them, we want to pay it back in full. Make no bone about it, we’ve told them that all along; but we believe that the penalty interest that they’re charging us and the fees that they’re charging us now are unfair. we've always said we intend to pay it back in full, but we the penalties and interest rates are unfair. The whole argument really boils down to and argument on the interest of the note and the terms of the note.” Costa says they will continue to operate normally as they reorganize and create a plan to repay their debts to the bank. Costa expects a federal judge to rule on the case in the next six to nine months.