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Anderson, Vanguard File Bankruptcy
Houses just aren’t selling
Sister companies Anderson Homes and Vanguard Homes — the latest residential real estate companies in the Triangle to succumb to the housing downturn — filed on Monday for Chapter 11 bankruptcy protection, according to an article today in the Triangle Business Journal.
In its bankruptcy documents, Anderson Homes, based in Cary, claims $17.2 [...]
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Bankruptcy Is the Answer for Many
The last resort
You can’t make your mortgage payment. Or you’ve lost your job and are faced with a mountain of credit card debt. Either way, you’re a casualty in the nation’s economic avalanche and you find yourself contemplating the last resort — bankruptcy. Bankruptcy is a choice more and more Americans are willing to [...]
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