The father-and-son owners of 28 rental properties encompassing 90 units in Fall River, Mass., filed for bankruptcy protection yesterday, attributing their companies' problems to crime, fire and uncooperative bankers, the Boston Business Journal reported today. Through a series of related filings, the entities seeking chapter 11 protection are: D. Brian Colville, David B. Colville, D. Brian Colville LLC, Colville Properties LLC and Wade Realty LLC. The Colvilles administer the properties, according to court papers, through an entity called C&C Property Management LLC. Fall River Five Cents Savings Bank, which holds a note with a principle balance of $2.25 million secured by first mortgages on 19 properties. Rockland Trust Company, which holds a note with a principle balance of $1.8 million secured by a mortgage on 13 properties.
