A Lonoke County homebuilder has filed for Chapter 7 bankruptcy protection and listed $2 million in debts.
Charles Ray Cram II, who owns Cram Custom Homes, listed $1.2 million in assets.
Half of Cram's debts were to creditors holding unsecured claims.
Cram said in the filing that the five pieces of property he owns will be surrendered back to the banks. Three of the pieces of property were in Sherwood and two in North Little …
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