Chapter 7 Bankruptcy Filed by Arizona Construction Association

Written by CFB Blogger. Posted in Blog

The Arizona Contractors Association Inc. (dba the Arizona Construction Association), the 60-year-old nonprofit advocacy group for the construction trade in The Grand Canyon State, has filed for Chapter 7 bankruptcy in the U.S. Bankruptcy Court, District of Arizona. According to a report in the Phoenix Business Journal by Kristena Hansen, bankruptcy records show the organization having no more than $50,000 in assets and between $500,001 and $1 million in debt. Last year the nonprofit organization, whose president and CEO is David Jones, lost its office condominium in Phoenix to foreclosure. In July 2013 the newspaper story states, “the lender filed a nearly $500,000 lawsuit against the ACA for deficiency, or the money still owed on the loan”. The Client First Bankruptcy attorneys are an unsurpassed staff of the most knowledgeable consumer bankruptcy attorneys in the country, representing thousands of clients in consumer bankruptcy matters. Client First Bankruptcy attorneys are current on all of the new Chapter 7 and Chapter 13 bankruptcy laws and, with offices across the country we are familiar with specific bankruptcy law in many states. Client First Bankruptcy attorneys answer their phones Monday through Friday from 8:30 a.m. – 6:00 p.m. (Central Time) so you can get your initial complimentary consultation at a time that is convenient for you. Our aggressive representation and extensive experience have earned the Client First Bankruptcy attorneys a national reputation for excellence in the representation of debtors in financial distress. Call us today toll-free at 800-383-6004 and log onto our interactive website at www.clientfirstbankruptcy.com.