Oakwood files for bankruptcy
From Times Wire Reports
Oakwood Homes, which served as the builder for an ABC-TV’s “Extreme Makeover: Home Edition” project last January, filed for bankruptcy protection.
The company, based in Woodstock, Ga., listed $22.2 million in debt and $31.6 million in assets in Chapter 7 documents filed Friday in U.S. Bankruptcy Court in Atlanta.
Oakwood Homes is owned by Anthony S. Perry, the Greater Atlanta Home Builders Assn.’s 1999 builder of the year.