Latest News 2010 March Developer Files for Bankruptcy

Developer Files for Bankruptcy

The developer and majority owner of The Harbor in Rockwall, Texas has filed for reorganization in bankruptcy court. The developer has said that the Chapter 11 filing will allow them to restructure the development's mortgage so he can lower rents for retailers. The Harbor is not currently being marketed for sale.

No one wants to file for bankruptcy, but there are cases in which this is the best decision for a person or company to make. You should understand the process of filing and go about it in the correct manner so that your case is resolved in the best possible way. You do not want to have to suffer further as bankruptcy can be a new beginning for your life.

By working with a bankruptcy attorney you can proceed forward with your case in the most beneficial way. You deserve to be able to move forward with your life and a lawyer will be able to help you with just that. An attorney will know how to handle all aspects of your case including any necessary court proceedings. Please take some time today to contact a bankruptcy lawyer who will always have your best interest in mind during this difficult time.