A Crivitz company received approval to purchase 13 duplexes owned by Newcap as part of a bankruptcy liquidation.
Judge Katherine Perhach approved sale of the duplexes to Good Directions Properties LLC $1.38 million.
Newcap closed earlier this year and filed for bankruptcy in March after a media investigation questioned expenditures by the agencies administrator and revealed financial shortfalls.
In the bankruptcy filing, Newcap says it owes more than $4 million to 200 parties including former employees.
Advertisement
A state audit is underway.
Newcap’s service area includes  Brown, Oconto, Shawano, Menominee, and Marinette counties.
