The U.S. Airways Group is currently seeking a merger with AMR Corp. in order to increase revenue and help the route system that American Airlines currently has.

AMR currently has the ability  to file for reorganization and the bid from U.S. Airways to combine the airlines may not occur for another year. Some think that the combination of U.S. Airways, the fifth largest airline, with American Airlines, will help close a gap the opened when business travelers began to change their airlines.

This combination will bring the airways up to the same national market share as Delta Airlines, Inc., United Continental Holdings Inc., and Southwest Airlines. The Arizona-based company, U.S. Airways are currently "weighing their options."

If you or a loved one has been considering bankruptcy in order to settle debt, contact the Arizona business bankruptcy lawyers of the Harmon Law Office by calling 480-829-0494 today.

The city of Tuscon celebrated the life of Martin Luther King Jr. on Monday with an annual march and festival. Sunday would have been King's 83rd birthday. 

Residents in the Tuscon area walked the city streets in order to keep King's message alive. A group from the mentoring program at Tucson Unified School District's African American participated in the event for the first time and described their experienced as "amazing."

Others involved have participated in the events for the past 20 years. This is the 26th year that organizers have put on marches and celebrations to honor MLK and have stated that they continue to grow every year.

The Arizona bankruptcy lawyers of the Harmon Law Office  are interested in discussing local events and news in the area. For more information on MLK Day events, visit the Fox 11 Arizona web site today.

Although bankruptcy cases and foreclosures declined in 2011, these issues are still around and some think that the declining the numbers are deceiving.

Last year, there was a 34 percent decline in bankruptcy fillings, but officials have stated this is most likely due to a documentation errors that caused delays in the process. On average in 2011, a foreclosure took nearly 348 days to complete. In 2010, the average was 305. 

There was also a 19 percent decrease in business bankruptcy filings as well as a 12 percent decrease in personal bankruptcy cases. Officials with the American Bankruptcy Institute have stated that this is because credit access is still very difficult and people are continuing to leverage their debt. The total number of bankruptcies fell from 1.56 million to 1.38 million. The state of Arizona has the second highest foreclosure rate in the nation with 4.1 percent.

If you or a loved one has been struggling with debt and need to consider your financial options, this is the time to speak to an experienced representative. Contact the Arizona bankruptcy lawyers of the Harmon Law Office today by calling 480-829-0494 today. 

The maker of Twinkies snacks and Wonder Bread, Hostess Inc., may be filing for Chapter 11 bankruptcy protection some time this week. If this does occur, it will be the second time that the company has done major restructuring in recent years.

The private company, based in Irving, Texas, now has a debt of $860 million which is due to rising costs ingredients such as flour and sugar, as well as a high cost of labor. Vendors are owed more than $50 million and many of them have been demanding some payment.

Since the company has sought bankruptcy protection before, they may now have to file for a different type. Another issue that has caused distress for Hostess is that people have switched to whole grain, healthier bread rather than white bread. 

If you or your business is in a similar position and are considering your financial options, this can be a stressful and difficult time. Contact the Arizona bankruptcy lawyers of the Harmon Law Office today by calling 480-829-0494.

The Phoenix area is hosting multiple events in the area in order to help nearby residents ring in the new year with those that they love.

 The Brunswick New Year's Dance Party is a great and fun way to spend your New Year's Eve. The event will offer bowling and a buffet full of appetizers. There will be a DJ playing  music all night and a champagne toast at midnight.

The bowling option for the party allows you to have six games between the time of 10 p.m. and 2 a.m. Also, the Family Foundation of Arizona is hosting a New Year's Eve party featuring fireworks and casino games. All of the proceeds from this event will go toward fighting homelessness in the area. A New Year's Eve Kids sleepover is also offered in the area so that kids can enjoy gymnastics, games and other activities.

The Arizona bankruptcy lawyers are wishing you and your family a fun and safe New Year. For more events for the New Year celebration, visit the Arizona Central website today.

The parent company for the Arizona Daily Star, Lee Enterprises, has announced that they will be filing for bankruptcy.

The company has announced that they will filing  for Chapter 11 protection because of their $1 billion debt and some of the groups that have loaned them money, refuse to extend their deadlines on the loans. A majority of the lenders agreed to push the loans for another two years, but nearly 6 percent of them did not agree to this.

Lee Enterprise has stated that the Daily Star was not included in the bankruptcy proceedings. As a result of the bankruptcy filings, the lenders that did not agree may now have to if thats what the majority agress.

If you or a loved one has been considering filing for bankruptcy, you need experienced representation on your side. Contact the Arizona bankruptcy lawyers of the Harmon Law Office, LLC by calling 480-829-0494 today.