Old Town North woes leave trail of debt

FORT COLLINS — The list of creditors owed money in the nearly $5 million bankruptcy of the Old Town North mixed-use project ranges from landscapers to law firms.

The largest secured creditor, Public Service Credit Union, is owed $2.6 million on a $4.4 million deed of trust. Farmers Bank is also owed $1.9 million for a deed on the same amount, with $67,725 listed as unsecured.

The company behind the project, a limited liability corporation called Old Town North, filed for Chapter 7 bankruptcy May 29.

According to its bankruptcy court filing, Old Town North’s assets were about $4.97 million and its…