Westward Shores Sale Postponed

Ossipee — July 10, 2009 — The planned foreclosure sale of Westward Shores Campground has been postponed for two weeks and is now scheduled for Friday, July 24 at 11 a.m. according to a spokesperson for James R. St. Jean auctioneers of Nashua, the sales agent for the mortgage holder.

While the auction house had no further information available on the change in plan, postponement of a foreclosure sale typically means substantial progress has been made or is being made toward a settlement.

Reached by phone this afternoon, principal owner Charlie Smith also confirmed the postponement and indicated that discussions on the financial issues were ongoing.

Updated on 7.10.09 at 4:30 p.m.

19 Comments

  1. BODYMAN 12 years ago July 9, 2009

    ALSO COULDA MEAN THAT THEY FILED FOR BANKRUPT….CAN YOU GUYS AT ALLIANCE KNOW TO CHECK IF BANKRUPT WAS FILED????LOTS OF PEEPS DO THIS AS A STALL!!!WE ARE STILL IN THE DARK>>>HELP!!!

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  2. jackattack 12 years ago July 9, 2009

    It was a bankruptcy filing. Only going to postpone the inevitable. Just an effort to keep as much cash as possible.

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  3. mike 12 years ago July 9, 2009

    Jac, How do you know it was a bankrupcy??

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  4. carol 12 years ago July 9, 2009

    jack are you saying it was a bankruptcy???or were you saying if it was it would just postpone everything.thanks

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  5. Inthedark2 12 years ago July 10, 2009

    There is also the possibility that the delay is due to the recent flooding and the auctioneer/lender realized the potential negative effect this could have. Let it dry out for a few weeks so it doesn’t look so bad.

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  6. Bethany Zink 12 years ago July 10, 2009

    The flooding is actually a very good theory.

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  7. mae 12 years ago July 10, 2009

    called the auctioneer…it was postponed due to a bankrupcy filing

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  8. Mike 12 years ago July 10, 2009

    The Westward Shores Soap Opera!!!
    This whole ordeal is ludacris. I think I will send in my 2010 Payment to Charlie Today, Maybe he will give me a percentage off.. Im the smart one…

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  9. BODYMAN 12 years ago July 10, 2009

    SMART ONE? SENDING A PAYMENT TO A COMPANY IN BANKRUPYCY? A COMPANY ON THE AUCTION BLOCK IN TWO WEEKS? GUESS IM GLAD IM THE DUMB ONE!!! DO YOU WORK FOR THE GOVENMENT BY CHANCE???

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  10. jackattack 12 years ago July 10, 2009

    Mike, please don’t do the wrong thing and pay Charlie for next year. He will only keep your money and the next owner won’t get the benefit. Seems wrong to me. Why not wait and see what happens at the auction and then pay whoever owns the place? You may be surprised and things may actually get better.

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  11. BODYMAN 12 years ago July 10, 2009

    GOOD ADVICE JACKTTACK AND EVERYONE MUST REMEBER IF YOU PAY CHARLIE FOR NEXT YEAR AFTER HES NOW BANKRUPT AND THE PLACE SELLS THE NEW OWNER DOES NOT HAVETO HONOR THE PAYMENT AND YOU WOULD HAVE TO PAY ALL OVER AGAIN! UNLESS OF COURSE CHARLIE BEING THE NICE GUY THAT HE IS GIVES THE NEW OWNER YOUR PAYMENT,,,,YEAH RIGHT!!!! BANKRUPT WITH AUCTION IN TWO WEEKS MEANS EVERYONE HANG ONTO YOUR OWN MONEY UNTIL THE NEW OWNER COMES TO TOWN!!!!

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  12. hardee-har-har 12 years ago July 11, 2009

    i believe all monies given to WWS will go to the trustee of the bankruptcy court…..smith is not allowed by law to receive any money….anyone know a lawyer to ask

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  13. BODYMAN 12 years ago July 11, 2009

    BEST ADVICE IS NO CASH TO MR. SMITH DO EVERYTHING, AND ONLY IF YOU ABSOLUTELY HAVE TO WITH A CHECK OR A CREDIT CARD SO THERES A LEGAL RECORD OF TRANSACTIONS!!! BUT BETTER OFF GIVING NO MONEY TO WWS UNTIL THE NEW OWNERS OR BANK TAKE OVER!!!!!!

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  14. Alliance 12 years ago July 11, 2009

    Bodyman: Please turn off your CAPS lock!

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  15. BODYMAN 12 years ago July 11, 2009

    you are right allinace, sorry about that but i get pretty worked up over this stuff considerin that i have over 5o k invested here at wws!

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  16. alliance 12 years ago July 11, 2009

    No problem, Bodyman.

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  17. Bob Soper 12 years ago July 16, 2009

    What a shame!
    When George and his wife ran Westward Shores(in the 70’s) it was a super campground that was flourishing with great management.
    Unfortunately, since then, it appears to have gone from one uncaring owner to the next. Hopefully, the campers won’t be the ones that take the big hit on the latest escapade.

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  18. BODYMAN 12 years ago July 16, 2009

    whats even more a shame is that a smaller campground up the street….chocorua campground got another nationwide award for being so good. chocorua campground is about half the size of wws yet during the summer they have 24 staff members workin there…at wws charlie does good to have maybe a half dozen parttimers and poor mark tryin to run a 250 site place with a marina! talk about mismanagement and it begs the question once again as to where oh were oh where has all are money gone if they owe over a millino bucks to the bank and tens of thousands to the town and another lien holdder??? wonder if the bankrupt court has sent in a trustee yet to start putting are money in a safe place…anyone know? and pity all the other poor creditors left out ion the cold cause of this last minute bankrupt filing but the auctiion is still on fer next friday at 11…will he pull another rabbitt (sucker) out of his hat again???

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  19. Phil 12 years ago July 21, 2009

    Just got the word, Auction has been cancelled. No other information given.

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