The Glasgow Courier - Serving Proudly As The Voice Of Valley County Since 1913

 
 

By Bonnie Davidson
The Courier 

County Discusses St. Marie Bankruptcy

 


St. Marie property owner Pat Kelly filed for bankruptcy earlier this year. While the process is only beginning in the courts, Marvin Bethea joined the commissioners in a discussion on what would be best bankruptcy to file – Chapter 7 or Chapter 11. The discussion took place April 23.

Bethea, a St. Marie property owner, explained that a Chapter 11 would be more beneficial to the county and St. Marie residents. He explained that a committee would be formed, appointed by a U.S. trustee. Bethea said that support from others in St. Marie was for recommending Chapter 11.

Commissioner Dave Pipp...



For access to this article please sign in or subscribe.



 

Reader Comments

(0)
 
 
 
Rendered 11/07/2014 08:43