Latest News 2010 October Building’s Sale Approved in Bankruptcy Court

Building’s Sale Approved in Bankruptcy Court

Statler Towers has been approved to be sold by a U.S. Bankruptcy Court judge. Two local businessmen submitted a $700,000 offer that will have to sit for a 15-day appeal period as the local company has a due diligence period of 60 days to decide if they will finalize the sale or walk away. The building is not in good shape and the building's attorney understands that there is a lot to be done, but they are looking to move forward.          

It's never easy to find yourself in the position of needing to file for bankruptcy no matter where you are in life. However, it's important to understand that filing for bankruptcy does not have to be the end, but can be a chance at a new beginning. You need to know that you do have rights to protect during this difficult time, but can do so when you know how to handle your case. You will be able to recover from this difficult part of your life.

By working with a bankruptcy lawyer, you will be able to resolve this matter in the most beneficial and timely manner. You can count on an attorney to know how to approach your specific situation and be able to guide you through it. A lawyer will always have your best interest in mind while fighting for your rights. Please take some time today to contact a bankruptcy attorney today to begin discussing the details of your case. 

Categories: Bankruptcy Basics