Phoenix-based Zenernet files for Chapter 7 bankruptcy - Phoenix Business Journal

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The solar company has $6.5 million in liabilities. phoenix solar

A Phoenix-based solar energy provider has filed for Chapter 7 bankruptcy following hundreds of complaints by customers alleging the company has not fulfilled contractual obligations.

Chapter 7 stops creditors from collecting on debt, but requires the company to sell off assets and property to pay some of its debt. Customers alleged that Zenernet left them with unfinished or inoperable solar projects and did not return phone calls and messages, while others claimed city inspections failed or were not completed, according to the BBB.

Source: News Formal (newsformal.com)

 

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