Bankruptcy adder
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Original Message:
Bankruptcy adder (by Tena K.):
We are deeded owners with grand regency and would like to be put on your list about this situation----feel free to reach out to us any time EMAIL ADDRESS---ktkad@frontiernet.net
We were down there a couple of years ago and brought my sister and her husband with us to show them Branson---was in total shock on how our condos looked when we pulled in---went down to other one to sign in and ended up having to stay there at that dump---there was 3 employees working the whole place at the time---and when we pulled in at night it was completely dark except for the one floor that they had us in---VERY DISAPPOINTED--- SO PLEASE KEEP US INFORMED OF WHAT IS GOING ON
THANKS
jeff1336 wrote:I am a timeshare owner at Grand Regency and did some internet searching and found initial Chapter 11 filings were done in June for Grand Regency, Colonnade and others. HOA Management Services is involve along with Green Leaf Financial and others. I am not an attorney but it looks like the creditors did or are trying to stop Chapter 11, reorganization, and pushing for Chapter 7, complete liquidation. This would give them the right to take possession of the properties. Given the condition of Grand Regency when my wife, me and two friends of ours when we stayed there over Memorial Day this year, I am am not surprised. The place was nearly deserted and I believe had squatters staying in at one unit. Bottom floors had sandbags in front of doors to keep water out. Locks we off of some doors which had some construction supplies in it. Just a few units, like the two bedroom we stayed in, were in reasonably good shape. In my opinion, the sooner the creditors get the properties, the better. We may be out of a timeshare, but my guess is the sooner we will be out of paying maintenance fees. I plan to contact the US Bankruptcy Court Trustee in KC, MO to get better communication. If you want to contact me, email jrroskam@gmail.com