A federal bankruptcy judge has approved an agreement forged — if somewhat begrudgingly — between landlords Floyd and Betty Squires and the city of Eureka that will essentially remove the couple from their property rental business, at least for the time being. Long story short, an “examiner with special powers” will be appointed to oversee […]
Floyd and Betty Squires
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Squireses Put H Street Building Up for Sale
Interested in buying a fixer upper as an income property? This new listing for an apartment building in Eureka might just fit the bill: “Fourteen units that are mostly in poor condition currently, but owner will refurbish with new electrical, plumbing, and paint.” The asking price is $875,000. But there’s just one catch, well, actually, […]
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Bid to Alter Squireses’ Bankruptcy Case Cites ‘Gross Mismanagement’
A federal judge is set to consider a motion Wednesday to lift Floyd and Betty Squires’ Chapter 11 bankruptcy protection or convert the couple’s case to Chapter 7 based on claims of “gross mismanagement of the estate.” The request is being made by the Office of the U.S. Trustee, part of the Department of Justice, […]
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Judge Allows Squireses’ Building to Be Condemned, Sets Hearing On Process
Judge Dale Reinholtsen today declined to block the city of Eureka’s order to vacate a dilapidated apartment building owned by Floyd and Betty Squires, meaning the 15 tenants of 833 H St. will need to be out by Monday. The Squireses had requested a temporary restraining order to restrict city officials from entering any of […]
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Squireses File for Bankruptcy as Auction Looms
Eureka’s most notorious landlords Floyd and Betty Squires filed for Chapter 11 bankruptcy protection this week in an apparent bid to prevent more than two dozen of their properties from hitting the auction block later this month. According to the bankruptcy forms, the couple owes between $1 million and $10 million — the same as […]
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Squireses Take G Street Neighbors Back to Court
A few weeks after residents along a stretch of G Street in Eureka received letters in June announcing they had won their small claims case against the city’s most notorious landlords, another arrived in the mail. The case was going back to court. The landlords, Floyd and Betty Squires, had appealed Judge Timothy Cissna’s ruling […]
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A Band of Neighbors Successfully Sues the Squireses
Residents along a stretch of G Street say they had one main goal in mind when they grouped together to take Eureka’s most notorious landlords to court: They wanted their neighborhood back. Conditions at two buildings on the street owned by Floyd and Betty Squires had continued to deteriorate, becoming magnets for drug activity and […]