Bankruptcies — November 2015
BANKRUPTCIES Bankruptcies are filed under the following chapter headings: Chapter 7 — Straight Bankruptcy: debtor gives up non-exempt property and debt is charged. Chapter 11 — Allows companies and individuals to restructure debts to repay them. Chapter 12 — Allows family farmers to restructure finances to avoid liquidation for foreclosure. Chapter 13 — Plan is…
Top Properties — November 2015
Top property values have been rounded to the nearest hundredth. FRANKLIN COUNTY Description: 67-acres and 64-acres of agricultural land, 1802 Glenwood Road, Pasco. Price: $1,750,000. Buyer: J & B Orchards/Tri-Cities LLC. Seller: Douglas Holdings LLC. Description: 4.2 acres, 1015 Road 28, Pasco. Price: $647,400. Buyer: Pentecostal Church of God Emanuel. Seller: Trinity Lutheran Church. Description:…
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