Treatment Abuse, Behavior Modification, Thought Reform > The Ridge Creek School / Hidden Lake Academy
BANKRUPTCY UP-DATE
Anonymous:
Morris Lawfirm (Thornton Morris) a creditor, petitoned the court through their own attorney, Ted W. Hight to receive all notices etc. pertaining to HLA's bankruptcy fiings. Interesting, "Further Counsel requests that it will be provided with a copy of any Disclosure Statement to be permitted prior to its approval and any and all Plans of Reorganization."
BB&T wants relief from the "automatic stay" and wants HLA, debtor, to be designated " as a Single Asset Real Estate Debtor". Also, BB&T noted there has been NO REORGANIZATION filed by HLA - HLA, INC. and no interest payments made to BB&T. BB&T motioned the court, if by August 14th, 2009, there is NO REORGANIZATION FILED and NO INTEREST PAYMENTS MADE TO BB&T, the court grant the lifting of the stay so that BB&T can excercise its contractual and state law rights and remedies against the debtor (HLA)(HLA,INC).
Also on HLA May 09 financial disclosure HLA is still showing "Uniform purchase"...a minute amount compared to the tens of thousands claimed on HLA's 990's over the years...that parents actually paid for.
Also, interesting, as a creditor, one family from Georgia filed against Debtor (HLA, HLA,INC) for PRE-PAID TUITION... I don't know if this family is one of the families the was scammed into pre-paid tuition the week and weekend before the filing.
NOTE*:The weekend before HLA filed for bankruptcy, Buccellato informed his staff, yet he/ HLA accepted children and pre-paid tuition, knowing the families would not get it back and did not disclose the imminent bankruptcy filing. Ethics?
Troll Control:
But TheWho assures us HLA is run legally and ethically.
Anonymous:
New hearing... October 14th, 2009. The U.S. Trustee has filed a motion to dismiss (Chapter 11) or convert case(Chapter 7) liquidation. No reorganization has been filed. Hearing October 14th, 2009. Now the ORS is going to have a problem with this. They are allowing Ridge Creek School to continue on property that could is involved in this bankruptcy.
Anonymous:
I would imagine the IRS and the U.S. Bankruptcy Court are also going to have a problem with this...
Call the court yourself and ask them if it's okay that HLA, Inc. has filed bankruptcy, but is running Ridge Creek School on the SAME property by the SAME owner. The phone number to the court is 404.331.4437, Case Number 09-22026-reb, Judge Robert Brizendine. Make sure you reference HLA, Inc., 1950 North Park Place, Suite 400, Atlanta, GA 30339.
The ORS is also going to get grilled over how and why they're letting this occur as well.
Anonymous:
Oh, and yes, the U.S. Bankruptcy court will be getting copies of the various entities' - Ridge Creek School, Ridge Creek Wilderness, Mountain Brook Academy, etc - web sites to show that Bucci isn't bankrupt as he claims. They'll also be looking into how he had Thorton Morris move his assets all around. (C'mon Bucci - you really thought we weren't smart enough to see those $1.00 tranfers?)
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