Legal & Courts  January 25, 2024

Trustee, HOA file objections to bankruptcy reorganization plan

NoCo Real Estate Solutions to close

FORT COLLINS — The trustee and creditors of an individual who filed for Chapter 13 bankruptcy protection have filed objections to the reorganization plan.

“The plan is not feasible,” said Carlson Farms Homeowners Association, which claims that Sandra Oldenburg and her husband, Lee Oldenburg, owe the association as much as $400,000, money that the association says is missing from bank accounts and disappeared from financial statements.

Sandra Oldenburg is one of the owners of NoCo Real Estate Solutions Inc., formerly Poudre Property Services, which at one time handled the management of multiple homeowners associations in Northern Colorado. The company has since…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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