The Las Vegas Sun reports that ILX Resorts Inc., a timeshare operator with inventory at the Carriage House Hotel in Las Vegas, filed for Chapter 11 bankruptcy protection Monday after talks collapsed with a key lender over extending a loan. The whole timeshare industry has been hit hard with declining sales due to the double-whammy [...]
Filed under: Timeshare Industry, Timeshare News, Timeshare Relief | Tagged: chatper 11, ILX Resorts, Las Vegas Sun, timeshare bankruptcy, Timeshare Industry, timeshare ownership, Timeshare Relief | 1 Comment »
