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IN RE H.T. PUEBLO PROPERTIES, LLC

No. 11-24718 MER.

In re: H.T. PUEBLO PROPERTIES, LLC, Chapter 11, Debtor.

United States Bankruptcy Court, D. Colorado.

December 30, 2011.

ORDER

MICHAEL E. ROMERO, Bankruptcy Judge.

The matter before the Court concerns the Debtor's sole asset, the Ramada Inn Pueblo, a motel located in Pueblo, Colorado. The circumstances of this case reveal the unfortunate but all too-common scenario of a buyer who paid too much for a property, and was unable to service the debt on the purchase. The facts, as set forth below, demonstrate the property is significantly "underwater," and the Debtor has no reasonable...

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