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Charlotte homebuilder files for bankruptcy

CHARLOTTE — A Charlotte-based construction company has filed for liquidation as it faces $11.4 million in total liabilities.

Earlier this week, Arbor Construction LLC filed for Chapter 7 bankruptcy in North Carolina, bankruptcy court records show. The company reports its liabilities surpass its total assets of $11.1 million. It has between 200 and 999 creditors.

Arbor Construction focuses on homebuilding and remodeling, according to its LinkedIn page.

Keep reading on CBJ’s website here.

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