Businessman exits bankruptcy in Raleigh

Posted on Tuesday, September 29th, 2015 at 7:10 pm    

A Raleigh-based businessman has finally exited Chapter 11 Bankruptcy after selling his shopping building at Strickland Road to an investment group for $15.6 million, Triangle Business Journal reported on September 28.

Reports said Barbour’s Harvest Oaks Drive Associates LLC owner, Max Barbour, sold Harvest Plaza to a group of real estate investors based in Chicago. Barbour reportedly filed for bankruptcy in 2010 to prevent foreclosure of his 93,400 sq/foot property that was also badly affected by the recession. The retail center that was sold included tenants operating various kinds of businesses.

Filing for bankruptcy is a viable option for individuals who are struggling with their chosen ventures. However, if you have decided to file for bankruptcy in Raleigh, the lawyers of the Bradford Law Offices, PLLC may work for you. Find out how we may legally assist you in the filing process today by calling (919) 758-8879.