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        <title>Now what: Your builder is bankrupt - Money Talks - MoneyTalks&apos;s Blog - Bakersfield.com</title>
        <link>http://people.bakersfield.com/home/Blog/MoneyTalks/26317</link>
        <description>Reporter Vanessa Gregory headed up to Tehachapi this morning to catch up with residents of Alta Estates.
The developer of their new subdivision, Empire Land (aka Prestige Homes and numerous other entities) filed for bankruptcy April 25. The Ontario homebuider&#039;s attorney told us the company will be liquidated although it&#039;s currently a reorganization case.
Folks who bought homes in the tract this fall wonder what will happen with little things that need fixing and whether they&#039;ll have home warranties they were counting on.
Here&#039;s the full story, along with links to our other coverage of the troubled market.
-- Gretchen Wenner, staff writer
&amp;nbsp;</description>
        <itunes:summary>Reporter Vanessa Gregory headed up to Tehachapi this morning to catch up with residents of Alta Estates.
The developer of their new subdivision, Empire Land (aka Prestige Homes and numerous other entities) filed for bankruptcy April 25. The Ontario homebuider&#039;s attorney told us the company will be liquidated although it&#039;s currently a reorganization case.
Folks who bought homes in the tract this fall wonder what will happen with little things that need fixing and whether they&#039;ll have home warranties they were counting on.
Here&#039;s the full story, along with links to our other coverage of the troubled market.
-- Gretchen Wenner, staff writer
&amp;nbsp;</itunes:summary>
        <language>en-us</language>

                
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