The former owner of Beaudry Motorsports in Post Falls, Idaho, has filed for bankruptcy, listing debts of $7.6 million.
Stephen and Stephanie Beaudry, who live in Hayden, filed a Chapter 7 bankruptcy recently in Idaho’s U.S. Bankruptcy Court for the District of Idaho, according to the Spokane Spokesman-Review.
Among their listed creditors is Wells Fargo Bank, which won a $2.1 million judgment against the Beaudrys last year for failing to repay loans. The bankruptcy filing values the couple’s assets at $1.2 million.
Posted by Holly Wagner
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