http://www.bayshorewatershed.org/bw/Who%20We%20Are/Watershed%20News/Kara%20Homes%20update Kara Homes Inc. plans to emerge from bankruptcy within the next several months with a new name, a new owner and fewer developments, according to documents filed Thursday with U.S. Bankruptcy Court. Sat, 17 Sep 2011 14:37:17 EDT