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Controversial real estate company files for bankruptcy following series of KIRO 7 investigations

Summary by Ground News
Embattled real estate company MV Realty has filed for Chapter 11 bankruptcy in the 33 states in which it operates. KIRO 7 has been investigating the company for more than year, which eventually led to lawsuits filed by attorneys general in six states for fraudulent and deceptive business practices. The company pays consumers as low as $300 for the exclusive right to sell their homes for 40 years.

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Kiro7 broke the news in Seattle, United States on Saturday, September 23, 2023.
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