Phoenix police looking for suspect after stabbing

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(Source: 3TV/CBS 5) (Source: 3TV/CBS 5)
(Source: 3TV/CBS 5) (Source: 3TV/CBS 5)
(Source: 3TV/CBS 5) (Source: 3TV/CBS 5)
PHOENIX (3TV/CBS 5) -

A man is in the hospital with serious injuries after he was stabbed early Thursday morning. 

According to Phoenix police, a verbal argument between two men escalated outside the Whispering Pines apartment complex near 36th Street and Thomas Road just before 12:30 a.m.

Police say the victim and the suspect are known to each other and were involved in an argument about a debt. The argument turned physical when the suspect struck the victim with what police call a modified hatchet.

The victim was taken to the hospital with serious injuries. Police say the suspect took off and there is no description of him. Phoenix PD is still investigating the incident. 

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