Saturday, March 3, 2012

REALTY BUSINESS FILES BANKRUPTCY.(BUSINESS)

ALBANY -- Hit with two years of financial losses on their real estate investments, Christopher Eatz and Claire Eatz, a Saratoga County couple doing business as Creative Environments, filed for bankruptcy on Monday with debts of more than $1.29 million and assets of $741,750.

The couple's biggest creditor is Citicorp Mortgage. The bank is owed more than $866,000 for money lent primarily on property the Eatzes own on Route 9P in Saratoga.

The husband-and-wife business team are long-time state employees. Christopher Eatz, a …

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