Crown Point-based developer, wife file for bankruptcy

2012-08-21T15:45:00Z 2012-12-08T20:36:33Z Crown Point-based developer, wife file for bankruptcyMarisa Kwiatkowski, (219) 662-5333

HAMMOND | Region developer Robert Stiglich and his wife, Jeanette, have filed for Chapter 13 bankruptcy, federal court records show.

The Stigliches' attorney, Lori Fisher, filed a notice of bankruptcy Tuesday in a civil lawsuit against the developer that is pending in Hammond federal court. The Stigliches filed their petition for bankruptcy in November 2011, court records show.

Chapter 13 is the category of bankruptcy that allows a debtor to keep property and pay debts over a specific time period, usually three to five years.

Robert Stiglich, 49, is a longtime region developer whose business ventures included the troubled Stillwater subdivision in Crown Point and Silverstone Crossing in Hobart.

The Stillwater homeowners association and four individual homeowners sued the city of Crown Point, Stiglich and developer Jack Kovich in 2009, claiming negligence led to flooding and damage to their homes. The homeowners' lawsuit sought protection from future flooding by restoring the natural state of Smith Ditch, which runs through the subdivision.

Stiglich is the only remaining defendant in that lawsuit. Kovich settled his portion of the lawsuit late last year, and the city of Crown Point and Hawk Development Corp. settled earlier this month for an undisclosed amount, federal court records show.

Stiglich has been affiliated with a number of corporations, including B-3 Properties LLC, Stillwater Properties LLC, Diamond Veil Development Inc., Silver Spring Development LLC, Mistywood Properties LLC; Tequila Si LLC and S&S Entertainment LLC, court records show.

B-3 Properties LLC and Silver Spring Development LLC also have filed for bankruptcy, court records show.

Stiglich and his wife listed more than $650,000 in liabilities. The couple owes money to the government, various banks, law firms, lawn companies and others, according to their summary of liabilities.

The Stigliches had 11 lawsuits and four mortgage foreclosure proceedings filed against them in the year before they filed for bankruptcy.

Their attorney, Fisher, could not be reached Tuesday for comment.

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