BANKRUPTCY ARTICLES
Cary
Cary, North Carolina Commercial Property Protected From Bank Foreclosure
Hendren, Redwine & Malone recently completed a Chapter 11 sale of commercial property located in Cary, North Carolina. Â The Company successfully avoided foreclosure and retained ownership of the property for more than two years while it marketed and sold its assets. Â As a result of the Chapter 11 sale process, all creditors were paid in full, with a return to the shareholders. Â Call us today if you are facing bank collection action, including foreclosure.
Cary, North Carolina Developer Files Chapter 11 Bankruptcy
A Cary based developer, Wimberly Associates, recently filed a Chapter 11 bankruptcy petition in the Eastern District of North Carolina. This filing, handled by the bankruptcy team at Hendren, Redwine & Malone, was initiated to avoid foreclosure and ensure maximum return to creditors.
