Greenbrier Resort auction sale scheduled for October 25 if debt is not paid

Lewisburg, WV (WOAY) – The Greenbrier resort auction sale is officially back on the calendar.

The Justice family settled with Beltway Capital in August to prevent the sale.

Due to an undisclosed default under the terms and conditions of the deed of trust, the sale has been rescheduled for Friday, October 25, at 2:00 p.m.

According to a statement from Justice Companies, the agreement requires the Justice family to pay their debt to Beltway in full by Thursday, October 24.

The justices report they have already secured the funding.

However, Beltway Capital reserved its right to continue the sale if the justices failed to pay the settlement.

The Greenbrier auction results from millions of dollars in debt, which credit collection company McCormick 101 now declares are in default.

The debt was initially held by JP Morgan, who sold it a few months ago.

We’ll provide further details as this story develops.

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