Instead, The Pad will likely be sold through foreclosure next month.
Silverthorne
Bankrupt Silverthorne hostel could be sold for less than construction cost
An investor from Steamboat Springs wants to buy The Pad, although a judge will have to sign off.
State says Silverthorne hostel The Pad should be foreclosed on
It isn’t paying its taxes and it can’t restructure, the Department of Revenue claims.