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Dettore fights to salvage empire from creditors
Frank Dettore, a 46-year-old Lorain County builder, led North Ridge Investment through peak growth in the 1970s with 1,100 to 1,500 acres and real estate worth up to 45 million, but rising interest rates and a late 1970s downturn triggered a cascade of lawsuits. The firm filed for Chapter 11 in October, debts reached 25 million, and Dettore pushed operations to survive while warning of broader industry pressure and hopes for lower interest rates and job growth.
MENTIONED IN THIS ARTICLE
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Dettore
North Ridge Investment
Lorain County
North Ridgeville
Ridgeville
North Ridge Envestment
Third Federal Savings & Loan Association
Internal Revenue Service
Elyria Savings & Trust National Bank
Ohio Edison
Transohio Savings Association
Center Ridge Road
Harshaw Chemical Co
Dettore Farms
Real Hilarious
Pacer
IRS
Lorain Common Pleas Court
Joseph Cirigliano
Mobile Living
Marv Orlean
Frank Dettore