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Arizona land and acquisition handler files for Chapter 11

by Administrator 28. January 2010 06:41

Fulton Homes Corp. filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court of Arizona Wednesday. According to the bankruptcy filing, the land and acquisition handler is seeking to develop a reorganization plan to stay in business. 

However, according to numerous press releases, Fulton is facing opposition from a number of its creditors. The company's president said he expects the company to get out of bankruptcy protection by the end of the summer. 

If your company is considering filing for bankruptcy, contact the Arizona bankruptcy lawyers of the Harmon Law Group at 480-829-0494.

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Should you try alternatives to bankruptcy for debt relief?

by Administrator 22. January 2010 07:35

Many people who consider filing for bankruptcy often seek other options. These options could include credit counseling and credit repair strategies.

However, these alternatives are often the source of many scams. Many companies market these scams in the hope of making money off people in desparate financial conditions. 

If you have questions about your debt problems, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494.

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Basha likely to emerge from bankruptcy with judge's approval

by Administrator 22. January 2010 04:35

Basha Inc. will likely emerge from Chapter 11 bankruptcy soon. According to a company press release, the company is waiting the approval of a judge to approve its reorganization plan.

The grocer's reorganization plan will allow it to pay off about $300 million of debt. The grocer originally filed for bankrupty protection in July. 

If your company is considering filing for Chapter 11, contact the Arizona Chapter 11 bankruptcy lawyers of the Harmon Law Office at 480-829-0494.

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Can bankruptcy filers recover their tax refund checks?

by Administrator 13. January 2010 04:14

During the time of a bankruptcy filing, individuals often are unable to recover part or all of their tax refund checks. Once they receive these checks, they are often required to turn over the check to their trustee.

In some cases, bankruptcy filers may be able to recover a portion of the tax refund check, especially if the amount is relatively small. However, most individuals should expect to give up their tax refund check.

If you or anyone you know has questions about their bankruptcy filing, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494.

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Will your bankruptcy filing be made public?

by Administrator 13. January 2010 04:04

When individuals file for bankruptcy, the bankruptcy papers become public records. This means that they can typically be accessed by anyone.

In some cases, individuals' bankruptcy records may be published by a credit-reporting agency. These records may also be published in a local newspaper or online. 

If you have questions about the confidentiality of your bankruptcy filings, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494. 

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Personal bankruptcy filings rise in 2009

by Administrator 6. January 2010 03:35

Personal bankruptcy filings increased 32 perecent in 2009 compared to 2008. According to the National Bankruptcy Research Center, Chapter 7 filings increased 42% while Chapter 13 filings increased 12%. 

The increases in bankruptcy filings were largely a result of the economic recession. As the recession caused many people to lose their jobs or other sources of income, many individuals and families were forced to file for bankruptcy. 

If you or anyone you know is considering filing for bankruptcy, contact the Arizona bankruptcy lawyers of the Harmon Law Office at 480-829-0494. 

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