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.  The Company successfully avoided foreclosure and retained ownership of the property for more than two years while it marketed and sold its assets.  As a result of the Chapter 11 sale process, all creditors were paid in full, with a return to the shareholders.  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.

Click here for more on this filing.