The primary goals of home-builder Levitt and Sons in bankruptcy will be providing relief for buyers and vendors caught in the middle of its financial woes and maximizing the value of its assets, the company’s lead bankruptcy attorney said Tuesday.

Levitt and Sons, the inventor of the American subdivision, is redoubling its efforts to restructure bank debt and complete unfinished homes, company attorney Paul Singerman said at the initial bankruptcy hearing for the company and 37 subsidiaries.

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