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Reply to "Camp Rim Rock for sale?"
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[quote=Anonymous][quote=Anonymous]A friend who is a BK attorney said that in these businesses the asset may be in the real estate. Wondering there will be sufficient funds to pay creditors if the camp owns real estate and the business gets liquidated in a Ch 7. Does anyone know if the property is owned by the camp?[/quote] Yes, the camp is owned by camp rim rock LLC. That’s why this thread got started, because the property was originally up for auction before the owner declared chapter 11. [/quote]
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