Mortgage Company AmeriFirst Financial Files for Bankruptcy

AmeriFirst Financial Inc., which provides residential mortgages, filed for Chapter 11 bankruptcy protection in Delaware, according to a court filing.

• The Mesa, Arizona-based company listed estimated assets and liabilities of as much as $100 million each
• Firm is a mid-size mortgage company that has been in operation for more than three decades, according to its website
• The company’s top listed creditor is bondholder RCP Credit Opportunities Fund, owed nearly $18 million and a related entity owed nearly $6 million, according to the petition
• The bankruptcy is AmeriFirst Financial, Inc., 23-11240, US Bankruptcy Court for Delaware

--With assistance ...