September 27, 2022
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Santa Barbara County developers file for bankruptcy

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Two Santa Barbara County developers have filed for personal bankruptcies, listing more than $15 million in liabilities each, and putting two area mixed-use projects in limbo. Santa Barbara resident Hugh Thorson filed for Chapter 11 bankruptcy protection, listing $17.7 million in liabilities and $2.7 million in assets. Business partner and Santa Ynez resident Terry Flatley…

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