|Hillcrest Country Club was scheduled for sale at public auction today, but a last-minute bankruptcy filing gives the owners more time to restructure, according to attorneys. Photo by Paul Thompson|
The Hillcrest Country Club came only a day away this week from being sold in a foreclosure auction. The auction had been scheduled for Friday, November 11 at 2 p.m., but a last minute filing on Thursday led to the auction’s cancellation.
According to the group’s lawyer, Tim West of the Berkowitz Oliver law firm, Heartland Golf Development II, LLC filed for bankruptcy protection on Thursday to put off the sale.
“The foreclosure sale scheduled originally for tomorrow at 2:00 pm at the Jackson County Courthouse is off because the entity that owns Hillcrest, Heartland Golf Development II, LLC, filed for bankruptcy protection today,” said West in a phone message. “So that will obviously put the foreclosure sale off until they go through a restructuring process.”
For further details as the story develops, please refer back to jcadvocate.com.