Perspective
May 1, 2010
Avoiding Foreclosure
Steve Huntley of Huntley, Mullaney, Spargo & Sullivan explains three main solutions to stop foreclosures.
A distressed economy places increased financial pressures on all companies, particularly those with real estate holdings that have lost much of their value and are expensive to debt service. In recent years, three main solutions have come to the fore to deal with such properties; which one is right for you or your company depends upon the circumstances surrounding each case.
Filing a Chapter 11 bankruptcy may be an effective...
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