Recent News about Arizona Bankruptcy

• Phoenix bankruptcy filings drop again in July -- An increase in foreclosure may lead to increasing bankruptcies in the area.
• Arizona grocery business awaits judge's decision -- Bashas' plan to get out of bankruptcy protection is opposed by some creditors while supported by others.
• Arizona Heart Institute's bankruptcy plan includes being purchased by Vanguard Health Systems -- Although a difficult decision, AHI's founder said it has proven to be a justified option.
• Not being able to avoid foreclosures, homes in Arizona go to auction -- On August 7, 135 homes in the Phoenix area will go on the block.
• Arizona foreclosure program receives funding -- Save My Home AZ is slated to begin in September.
• Arizona immigration law could lead to increase in foreclosures -- Latinos in the state may opt to move away, while others will be less inclined to relocate there.
• Mortgage fraud risk highest in Arizona -- Arizona, Nevada and California all posed the highest risk for mortgage fraud in the first quarter.