Latest News 2011 December Country Club Owner Files for Bankruptcy

Country Club Owner Files for Bankruptcy

The owner of Hillcrest Country Club has reportedly filed for bankruptcy reorganization. According to reports, the move was made in part to prevent foreclosure from occurring right now. The business has formally filed for Chapter 11 just a day before it was to be auctioned off. In the filing, the company reportedly listed assets and liabilities between $1 million and $10 million.

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