Owner of Stalled Hotel Project Files for Bankruptcy
Posted on Oct 12, 2010 7:30pm PDT
The owner of the stalled Landmark Hotel project has filed for Chapter 11 bankruptcy. Minor Family Hotels has filed in part due to several legal battles. The bankruptcy filing is an attempt to put all court disputes together for a speedy resolution. The project is basically shut down for now and those people are out of work as a result.
It's never easy to file for bankruptcy, but it doesn't have to be the end for anyone because you do have options that can help you through this financial strain. Bankruptcy is a complicated process that needs to be handled carefully so that you can resolve this matter quickly and begin to move forward with your lie again. You should not feel bad about filing for bankruptcy, but you should go about it in the right way so that you settle this matter. With the help of a bankruptcy lawyer, you will be able to choose the method of filing that works best for your situation. A bankruptcy attorney will know the steps you need to take and how to protect your rights through this difficult process. Contact a bankruptcy lawyer today to begin discussing the details of your case and moving forward with your life as quickly as possible with the best possible outcome as the result.