Holy Ground Tiny Homes founder Matt Sowash looks on during a civil trial in Arapahoe County District Court on Monday, April 22, 2024. (BusinessDen file)
Holy Ground Tiny Homes, a bankrupt builder in Englewood that owes $6 million to 190 former customers and was described as “a ruse” by one judge, is shutting down.
The company told a Denver bankruptcy court on Aug. 6 that it will convert from a Chapter 11 bankruptcy to a Chapter 7, liquidate its assets and split them among creditors. The move comes six weeks after Holy Ground’s CEO blamed a theft verdict for its downfall and a few weeks after Holy Ground failed to send a first round of repayments to customers.
“Debtors are unable to cure the default due to…
