CONFUSION FROM RECORD-KEEPING SYSTEM EXACERBATING MORTGAGE ISSUES

Residents of Arizona have not been immune from personal financial challenges caused by the struggling economy. Some have had to file for personal bankruptcy to stop foreclosure on their homes while others have participated in mortgage modification programs. Information is now coming out of foreclosure actions around the country revealing bank practices that have prevented [...]

By |2014-11-21T23:16:24-07:00November 21st, 2014|Bankruptcy in Arizona, Chapter 13, Foreclosure, Personal Bankruptcy|Comments Off on CONFUSION FROM RECORD-KEEPING SYSTEM EXACERBATING MORTGAGE ISSUES
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Company Chooses Chapter 7 Over Chapter 11

News of another financially distressed business filing for reorganization through a Chapter 11 bankruptcy has become so commonplace that people forget that another option for a business confronted by insurmountable financial challenges is Chapter 7 liquidation. For companies with little hope of structuring a plan to continue operations and emerge from bankruptcy as a functioning [...]

By |2014-11-12T20:57:09-07:00November 10th, 2014|Bankruptcy in Arizona, Bankruptcy News, Business Bankruptcy, Chapter 11, Chapter 7|Comments Off on Company Chooses Chapter 7 Over Chapter 11
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