Albuquerque Developer Files for Bankruptcy
Posted on Apr 22, 2010 3:40pm PDT
An Albuquerque developer, Westland DevCo Inc. has recently filed for bankruptcy. The company is like many other developers who borrowed against the value of their real estate holdings, which have since plummeted in value making it almost impossible to refinance. The company had planned to create a new town within Albuquerque, but has been unable to proceed forward with this plan.
It's never easy to find yourself in the position of needing to file for bankruptcy. When you do file for bankruptcy, it can be a complicated process that you may not fully understand, but it is crucial that everything is done correctly so that you do not suffer in the long run. It's difficult to face bankruptcy, but you do have rights to protect and options in pursuing this matter in the most beneficial way possible. With the help of a bankruptcy attorney, you will be able to move forward from this situation and get your life back together. You can count on a lawyer to always have your best interest in mind while fighting to protect your rights. An attorney will know what to expect with your case and how to handle any difficulties such as court proceedings. Please take some time today to contact a bankruptcy attorney and begin discussing your case.