8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


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         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JUNE 15, 2000

                             FLOORING AMERICA, INC.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


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         DELAWARE                        1-13099                58-2060334
(STATE OR OTHER JURISDICTION OF   (COMMISSION FILE NUMBER)   (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION)                               IDENTIFICATION NO.)


                               210 TOWNPARK DRIVE
                             KENNESAW, GEORGIA 30144
                                 (678) 355-4000


  (ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
                   REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)


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ITEM 3. BANKRUPTCY OR RECEIVERSHIP

     On June 15, 2000, Flooring America, Inc. (the "Company") filed a Petition
for Reorganization under Chapter 11 with the United States Bankruptcy Court for
the Northern District of Georgia, Atlanta Division (the "Court") in IN RE:
FLOORING AMERICA, INC., Case No. 00-68370. Petitions for reorganization have
also been filed with the Court by all of the Company's operating subsidiaries:
Advance Floor Decorations, Inc., a Michigan corporation, Bailey & Roberts
CarpetMax of Tennessee, Inc., a Tennessee corporation, Flooring America
Franchising, L.P., a Georgia limited partnership, C&S Textiles, Inc, an Idaho
corporation, CarpetMAX Retail Stores, Inc., a Delaware corporation, CarpetMAX of
Utah, Inc., a Utah corporation, CarpetsPlus of America, Inc., a Georgia
corporation, Colorado Carpet & Rugs, Inc., a Colorado corporation,
Everythingdecor, Inc., a Georgia corporation, Floor Source Distributors, Inc., a
Georgia corporation, 4 Floors, Inc., an Ohio corporation, GCO Carpet Outlet,
Inc., an Alabama corporation, GCO, Inc., a Nevada corporation, Investor
Management, Inc., an Alabama corporation, Karen's Inc., a Michigan corporation,
Manasota Carpet, Inc., a Florida corporation, Maxim Equipment Leasing Company,
Inc., a Georgia corporation, Maxim Industries, Inc., a Delaware corporation,
Maxim Retail Group, Inc., a Georgia corporation, Maxim Retail Stores, Inc., a
Georgia corporation, Tri-R of Orlando, Inc., a Georgia corporation and Wadsworth
& Owens Decorating Center, Inc., a Florida corporation.

     A Plan of Reorganization (the "Plan") has not yet been filed with the
Bankruptcy Court. Once the Plan is filed, it will be subject to numerous
conditions and no assurance can be given that the restructuring provided for in
the Plan or any other restructuring will be finalized or that any restructuring
which is completed will not be on terms materially different from those
contained in the Plan.

ITEM 5. OTHER EVENTS

     Separately, the Company announced that it had been informed by the New York
Stock Exchange that the Exchange had suspended trading in the Company's Common
Stock and its 9% Senior Subordinated Notes Due 2007 pending further review.

     Certain statements contained in this notification are "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to plans for future business activities,
and are thus prospective. Such forward-looking statements are subject to risks,
uncertainties and other factors which could cause actual results to differ
materially from future results expressed or implied by such forward-looking
statements. Potential risks and uncertainties include, but are not limited to,
economic conditions, competition and other uncertainties detailed from time to
time in the Company's Securities and Exchange Commission filings.






ITEM 7. EXHIBITS

     (C) 99.1 Press Release dated June 15, 2000


                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                      FLOORING AMERICA, INC.



Date: June 22, 2000                   By: /s/ Stephen P. Coburn
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                                      Its: Executive Vice President
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EX-99.1

                                  EXHIBIT 99.1


Contact:      Glen Jackson/Brian Brodrick
              (404) 724-2505/2513
              Jackson Spalding

                      FLOORING AMERICA FILES FOR CHAPTER 11

             FILING PROVIDES FLEXIBILITY AND TIME TO PLAN FOR FUTURE

ATLANTA, June 15 - Flooring America, Inc. (NYSE:FRA) today filed a petition for
reorganization under Chapter 11 with the United States Bankruptcy Court for the
Northern District of Georgia, Atlanta Division.

According to Chairman and CEO David Nichols, the filing was a necessary first
step in the company's reorganization plans.

"The filing is the right strategic move for us at this point in our rebuilding
process," said Nichols. "It provides us the flexibility and breathing room
necessary to begin implementing our reorganization plan."

Today Nichols appointed Michael Cherico president of both Flooring America and
GCO Carpet Outlet (GCO). Cherico was previously president of GCO, Inc., a large
franchise of Flooring America, and was instrumental in leading GCO's business
turnaround the last three years. Cherico has extensive franchise and retail
experience. Nichols will remain as chairman and CEO of Flooring America.

"Under Mike Cherico's leadership, our vision at Flooring America is to have the
premier franchise system in our industry," said Nichols. "We are all striving to
have a company that will be lean and mean and profitable. We took the first step
is this intense effort today. All in all, we believe we can turn the company
around. It will take enormous effort, but we can do it."

According to Nichols, Ron Dunn will continue as president of Carpets Plus.
Nichols said Flooring America will lay off a significant number of its staff of
300 at the corporate headquarters in Kennesaw.

Petitions also have been filed with the court by all of the company's operating
subsidiaries.

Statements included in this press release that are not historical in nature, are
intended to be, and are hereby identified as "forward looking statements" for
the purposes of the safe harbor provided by Section 21 of the Securities and
Exchange Act of 1934. Flooring America cautions readers that actual results or
events may differ from those indicated in forward-looking statements.

                                     -more-





                                       -2-

Headquartered in the Atlanta suburb of Kennesaw, Flooring America, Inc. is the
nation's largest dedicated retailer of floor covering. Flooring America's stores
offer a complete selection of carpet, ceramic tile, hardwood, vinyl and
resilient surfaces from the industry's leading manufacturers. Flooring America's
retail network includes more than 1,000 locations including 281 company-owned
stores. Flooring America's common shares are traded on the New York Stock
Exchange under the symbol "FRA".

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