HONOLULU -- The 106-year-old Honolulu Medical Group has filed for bankruptcy reorganization, but they don't see any interruption in business for their patients.

The practice is set up on the fourth floor of the Queens Physicians Building on Beretania Street.

According to documents filed in U.S. bankruptcy court, the physician-owned Hawaii company owes more than $1 million and has less than $50,000 in assets.

It's largest creditors include landlord Queens Development Corp. They are owed more than $740,000 and Diagnostic Laboratory Services is owed nearly $137,000.

According to court documents, The Honolulu Medical Group's lease with Queens Development expired on June 30 and on Oct. 19 QDC sought to evict the medical group from the building.

The Honolulu Medical Group is hoping to continue negotiations or find another space in the building to relocate.