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Home builder officially declares bankruptcy

IBJ Staff
March 19, 2010
Keywords
Hansen & Horn, Real Estate & Retail, Residential Real Estate
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Indianapolis home builder Hansen & Horn Group Inc. has formally filed for Chapter 7 bankruptcy protection after owners agreed to liquidate the company earlier this month.

Marion Superior Court Judge Heather A. Welch approved the liquidation March 3, after court-appointed receiver Richard Lux recommended the financially troubled company’s assets be sold in an attempt to repay creditors.

Hansen & Horn made the filing in U.S. Bankruptcy Court in Indianapolis.


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