Z.H. Services Inc., Carrell & Martinez LLC., file for bankruptcy in New Mexico
The Citizen
Albuquerque area bankruptcy courts recorded two business filings – including one with total debt above $1 million – during the week that ended February 5, 2021. Year to date through February 5, 2021, the court recorded 2 Chapter 7 or Chapter 11 business bankruptcy filings, no change from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure…
