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Sep. 12--TAMPA, Fla.--Max M. Zalkin, cited for polluting port property, has used the state's bankruptcy laws again -- this time to save his home.
The public auction of Zalkin's multimillion-dollar home in the Reserve section of Tampa Palms was halted Wednesday after the scrap metal dealer declared personal bankruptcy.
Zalkin's Sept. 9 bankruptcy filing lists 24 creditors, but it doesn't show how much Zalkin owes each one. He has 15 business days to file the completed list.
"He did this so he can repay creditors," said Harvey Muslin, Zalkin's attorney. "He will repay them as best he can under the reorganization. Hopefully, this will allow him to sell …