Developer Malone declares bankruptcy

Developer Malone declares bankruptcy

There are 2 comments on the story from May 10, 2010, titled Developer Malone declares bankruptcy. In it, reports that:

Wichita developer and builder Tim Malone declared Chapter 7 liquidation bankruptcy Monday, citing liabilities of $7.5 million and assets of $1.2 million in a 179-page filing.

Join the discussion below, or


Junction City, KS

#1 May 11, 2010
I read the story from The Wichita Eagle, which housing projects from JC was he involved in?

Olathe, KS

#2 May 12, 2010
He had projects around the radio station west of 77 highway and further west on Liberty Hall Rd. Junk builder, typical of some of the builders here early in the over-expansion. No oversight by the city because of the overloaded inspection department and the city manager pushing it all along. The last few homes he was working on are not livable and were uninsulated. The bank is trying to sell his lots. Too much in specials and taxes. About $150.00 a month in taxes and specials just for the empty lots each. Put a home on them and take that number times four, then pay on the house. He was from Wichita and flipped many homes affected by the flood they had there in the early 90's. He made too much money and helped drive up assesments of land by paying way too much. The sandy lots aren't even worth half of what the bank is asking. Thanks Malone, you idiot.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Fort Riley Discussions

Title Updated Last By Comments
News Army fires Grigsby from fort command post Fri Wrong head 4
News Retailers, Malls Beef Up Security Ahead of Holi... (Nov '15) Nov '15 Ritual Habitual 1
News Retired Col. Paul Idol inducted into hall of fame (Jan '11) Oct '15 clary eric 3
News Officials work to identify body found on Fort R... (Oct '15) Oct '15 Dapdmh413 1
News Fort Riley possibly reducing employees by 9,000 (Jan '15) Feb '15 The Kangaroo 90
News Kansas county's land sale draws scant interest (Sep '13) Sep '13 Help Yo Self 6
News Prosecution Outlines Case Against Soldier In De... (Aug '13) Aug '13 rayray 2
More from around the web