The Primary Creditor Of The Former Virginia Intermont College Campus In Bristol Virginia Is Expected To Initiate Foreclosure Proceedings. Vi Ceased Operations As A Private College In May 2014. Vi Officials Have Spoken With More Than A Dozen Potential Buyers About The 15-Acre Campus And So Far, No Deals Have Been Finalized. However, Bluefield College Has Expressed Interest In The Former School. Overall, Virginia Intermont Owes About 10-Million Dollars To Creditors, Former Employees, Vendors And Others.