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Paragon is Colorado based and holds the first deed on SChoninger's albatross.

This gets funkier with every new day.

On another note, you will recall a reference to 5 years worth of payments to be made to New Hanover County once the bankruptcy was approved.

That was turned down some time ago. If the 5 years worth of payments referred to unpaid property taxes owed New Hanover County, it would seem sufficient time has passed for the County to foreclose for unpaid taxes.

That would wipe out the first and second deeds of trust; and perhaps make the original proposed site more acceptable. Especially if any profit made from the sale of the parcel went to the County coffers rather than the beleagured owner.

What about it County? Mr. Thompson, what do you think regarding unpaid property taxes?


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