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U S Bankruptcy Court Approves Sale of Henry Ford Village to Sage Healthcare Partners Affiliate

Share this article Share this article DEARBORN, Mich., May 24, 2021 /PRNewswire/  Henry Ford Village ( HFV, the community ) today announced that the United States Bankruptcy Court in the Eastern District of Michigan has approved the sale of substantially all of HFV s assets to HFV OPCO, LLC, an affiliate of Sage Healthcare Partners ( Sage ), for $76.3 million, subject to entry of final agreed orders. The transaction remains subject to regulatory approvals and customary closing conditions, and HFV anticipates the sale will be completed in approximately 90 to 120 days. The path forward for the community centers around its inclusion in Sage s network of senior living communities, and includes plans to increase programmatic activities for residents and employees while investing to improve HFV s campus more broadly. Sage has also pledged to uphold HFV s current commitments to maintain the health, safety and lifestyle of its residents.

People in Action

Teresa D. Underwood The Pima County Consolidated Justice Court has appointed Teresa D. Underwood as a court administrator, with responsibilities of overseeing the non-judicial operations of PCCJC.  Underwood previously served as Chief Executive/Clerk of Court of the United States Bankruptcy Court for the Northern District of Ohio, where she oversaw the day-to-day administrative operations and non-judicial functions for the Howard M. Metzenbaum US Courthouse in Cleveland. Underwood joined the bankruptcy court as a Supervisor in 2003, was promoted to Operations Manager in 2004, and Chief of Staff in 2013. Finally, she became its Chief Executive in 2017. “We’re excited to have Ms. Underwood join us as PCCJC administrator,” said Pima County Presiding Judge Kyle Bryson. “She brings a wealth of experience and will be a dynamic administrative leader for this important court.”

Schneider Industries Announces Sale of Complete Zilkha Pellet Mill for the Biomass Industry

When to File for Bankruptcy

Close (Photo : When to File for Bankruptcy) A debt that feels unmanageable can give you sleepless nights and leave you unsure about your next move. Filing for bankruptcy is distressing and is usually the last option for people unable to pay their debts. But, despite its many cons, it can help you retrace your steps back to financial stability. Sometimes the language barrier may pose a challenge when you are Latino and want to file for bankruptcy in Orlando, Florida. Avoid limiting your chances for a successful petition by booking a free consultation with bilingual bankruptcy lawyer Walter Benenati. When you file for bankruptcy, be prepared to have a lower credit rating and higher insurance premiums. This implies that you will be locked out of taking more loans, buying property or buying a car.

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