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Oakwood files for bankruptcy

From Times Wire Reports

Oakwood Homes, which served as the builder for an ABC-TV’s “Extreme Makeover: Home Edition” project last January, filed for bankruptcy protection.

The company, based in Woodstock, Ga., listed $22.2 million in debt and $31.6 million in assets in Chapter 7 documents filed Friday in U.S. Bankruptcy Court in Atlanta.

Oakwood Homes is owned by Anthony S. Perry, the Greater Atlanta Home Builders Assn.’s 1999 builder of the year.

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