Latest News 2013 November Developer Files for Bankruptcy

Developer Files for Bankruptcy

Developer Ted Raymond has reportedly filed for bankruptcy protection. According to reports, the man has filed as creditors pursue him for debts relating to his failed effort to develop an Ipswich golf community. It is reported that he has filed for Chapter 11 bankruptcy and listed his debt as more than $46 million. Also in the filing, he reportedly listed his assets between $1 million and $10 million.

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