DALLAS - Attorneys for Wells Fargo Bank and other creditors are asking a federal court in Amarillo, Tex., to force bankruptcy on the American Housing Foundation, which has acquired low-income apartment complexes in several states with the proceeds of tax-exempt bonds and federal tax-credit financing.

The creditors, which include several Amarillo residents as well as Texas Capital Bank and JPMorgan Chase & Co., said in filings on April 21st with the U.S. District Court for the Northern District of Texas that the foundation owes them at least $15 million. A separate group of creditors, which includes Herring Bank of Amarillo, filed suit in early May in state court seeking $15 million.

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