The week in Valley bankruptcies: Ray Brothers Construction, Briarwood Cabinetry & Millwork



Phoenix area bankruptcy courts recorded two business filings during the week that ended January 7, 2022. 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 its creditor obligations with the goal to remain a going concern.

Ray Brothers Construction Inc. filed for voluntary Chapter 7 bankruptcy protection December 30, 2021, in the District of Arizona. The debtor listed…



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