East West Partners Filing for Bankruptcy
Posted on Feb 22, 2010 3:39pm PST
Due to the economy and real estate market, East West Partners is filing for Chapter 11 bankruptcy for some of its Lake Tahoe developments. The company still has other businesses that will continue to operate during this time, including new projects. East West Partners stated that filing for bankruptcy was necessary in order for the company to fix their financing and other problems.
When someone is facing bankruptcy, it is not only a financially difficult time, but this can be an emotionally trying experience. You do have options if you need to file for bankruptcy and you will want to choose the best option for your situation as this can affect your life for years. Bankruptcy law is complicated, so you will want to know exactly what is involved and what you are deciding to do. With the help of a bankruptcy attorney you can begin to resolve this matter and move forward with your life. A lawyer will guide you through this process and make sure that you make the best decision for yourself. Please take some time to contact a bankruptcy lawyer today to begin discussing your case.