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Lenders' Bankruptcy Filings

POC Deadline Matrix (various lender bankruptcy cases) - updated 12/11/2007
 
Note: FTC publication advises consumers what to do if mortage lender closes or files for bankruptcy (12/19/07)
 
Bankruptcy Case - Accredited Home Lenders and several related entities (U.S. Bankruptcy Court, District of Delaware, Case #09-11516-MFW) Ch. 11 filed on May 1, 2009. Sale Hearing: July 28, 2009, at 11:30 a.m. E.T. 
 
Bankruptcy Case - Aegis Mortgage Corporation and several affiliates (U.S. Bankruptcy Court, District of Delaware, Case #07-11119-BLS) Ch. 11 filed August 13, 2007. Order Terminating the Automatic Stay Under Section 362(a) of the Bankruptcy Code to Permit the Commencement or Continuation of Acts to Exercise Rights and Remedies Upon Interests in Real Property (10/29/08)
 
Bankruptcy Case - American Home Mortgage Corp.  (U.S. Bankruptcy Court, District of Delaware, Case #07-11051)
Ch. 11 filed August 6, 2007. Proof of Claim bar date was 1/11/08 at 4 p.m. Eastern time. Related cases include: American Home Holdings, Case #07-11047; American Home Mortgage Investment Corp. Case #07-11048; American Home Mortgage Acceptance Corp., Case #07-11049; American Home Mortgage Servicing, Inc., Case #07-11050; American Home Mortgage Ventures, LLC, Case #07-11052.
 
Order Terminating the Automatic Stay under Section 362(a) of the Bankruptcy Code to Permit the Commencement or Continuation of Acts to Exercise Rights and Remedies Upon Interests in Real Property (Bankr. Del. 10/27/08).
 
Copies of the Plan and the Disclosure Statement may be obtained on Epiq Bankruptcy Solutions, LLC's dedicated webpage (http://chapter11.epiqsystems.com -- click on American Home Mortgage). Also those documents may be viewed at the bankruptcy court's website (http://www.deb.uscourts.gov) by following the directions for accessing the ECF system on that website. Note: Disclosure Statement was approved by Order entered on 12/1/08. Plan Confirmation Hearing: 1/28/09 at 10 a.m. (ET) -- objection and voting deadline was 1/14/09 at 4 p.m. (ET). Auction (noticed for May 12, 2009) and Sale Hearing (noticed for May 15, 2009). Relevant pleadings can be found at www.deb.uscourts.gov.
 
Petition, Consolidated List of Creditors Holding 40 Largest Unsecured Claims, Resolutions of Board of Directors

  • Bankruptcy Case -     Copperfield Investments, Inc. (U.S. Bankruptcy Court, Eastern District of New York, Case #07-71327) Ch. 11 filed April 17, 2007

Bankruptcy Case - Delta Financial Corporation (U.S. Bankruptcy Court, District of Delaware, Case #07-11880-CSS) Ch. 11 filed December 17, 2007 [Debtor's counsel: David B. Stratton, Pepper Hamilton LLP, Hercules Plaza, Suite 5100, 1313 Market Street, Wilmington, DE 19899-1709. Tel: 302-777-6500; FAX: 302-421-8390 Email: strattond@pepperlaw.com]

Bankruptcy Case - Fieldstone Mortgage Co. (U.S. Bankruptcy Court, District of Maryland, Case #07-21814) Ch. 11 filed November 23, 2007

Bankruptcy Case - First Magnus Financial Corporation (U.S. Bankruptcy Court, District of Arizona, Case # 07-01578-JMM) Ch. 11 filed August 21, 2007

Bankruptcy Case - First NLC Financial Services, LLC (U.S. Bankruptcy Court, Southern District of Florida, Case # 08-10632-PGH) Ch. 11 filed January 18, 2008

Bankruptcy Case - Fremont General Corporation (U.S. Bankruptcy Court, Central District of California, Santa Ana, Case # 08-13421-EAS) Ch. 11 filed June 18, 2008. Case management site: http://www.kccllc.net/fremontgeneral. Five separate Ch. 11 plans were filed (Ranch Capital Plan, Signature Plan, Creditors' Committee Plan, Equity Committee Plan, and New World Plan). On June 9, 2010, the bankruptcy court entered an order confirming the "Signature Group Holdings, LLC's Fourth Amended Chapter 11 Plan of Reorganization of Fremont General Corporation, Joined by James McIntyre as Co-Plan Proponent (Dated May 24, 2010) and all exhibits appended thereto [Docket No. 2113]." That confirmed plan was "non-materially modifed by the 'Signature Group Holdings, LLC's Fourth Amended Chapter 11 Plan of Reorganization of Fremont General Corporation, Joined by James McIntyre as Co-Plan Proponent (Dated June 8, 2010)' [Docket No. 2132]."

Bankruptcy Case -  HomeBanc (U.S. Bankruptcy Court, District of Delaware, Case #07-11079) Ch. 11 filed August 9, 2007

Bankruptcy Case -  Homevest Capital, LLC  (U.S. Bankruptcy Court, District of Delaware, Case #09-10602) Ch. 7 filed February 20, 2009. View the Petition for this case. (Also see info re affiliate UM Capital, LLC below.)

Bankruptcy Case - LandAmerica Financial Group, Inc., et al. (U.S. Bankruptcy Court, Eastern District of Virginia, Richmond Division, Case #08-35994 (KRH) Ch. 11 filed. On February 16, 2010, order entered confirming the "Joint Chapter 11 Plan of LandAmerica Financial Group, Inc. and Its Affiliated Debtors, dated November 16, 2009." To obtain a copy of the confirmation order or plan, go to http://chapter11.epigsystems.com/landamerica, or contact Epiq Bankruptcy Solutions LLC at 866.897.6437, or visit the bankruptcy court's website at www.vaeb.uscourts.gov. 

Bankruptcy Case - Lehman Brothers Holdings Inc., and certain of its affiliates, (U.S. Bankruptcy Court, Southern District of New York, Case #08-13555(JMP)) Ch. 11 filed September 15, 2008. The 341(a) meeting of creditors was 1/29/09. Website maintained by the debtors in connection with their Ch. 11 cases: http://www.lehman-docket.com. Proof of Claim bar date: September 22, 2009, at 5 p.m. Eastern Time.

Bankruptcy Case - MILA Inc. (U.S. Bankruptcy Court, Western District of Washington, Case # 07-13059) Ch. 11 filed July 2, 2007
 
Bankruptcy Case - Mortgage Lenders Network USA, Inc. (U.S. Bankruptcy Court, District of Delaware, Case #07-10146-PJW) Ch. 11 filed February 5, 2007. Proof of Claim Bar Date was 2/1/08.

On December 19, 2008, an "Order (A) Approving the Adequacy of the Debtor's Disclosure Statement", etc. was entered. Hearing on confirmation of the First Amended Plan of Liquidation was noticed for February 3, 2009, at 3:30 p.m. Eastern Time. Plan objection deadline was January 21, 2009, at 4 p.m. Eastern Time.
A copy of the Disclosure Statement and Plan can be obtained from Epiq Systems Bankruptcy Solutions telephonically by calling 866.212.0222; by visiting http://chapter11.epiqsystems.com/mortgagelenders; or by writing to Epiq Systems Bankruptcy Solutions, Attn: Mortgage Lenders USA, Inc. Balloting Center, 757 Third Avenue, 3rd Floor, New York, NY 10017. 

Bankruptcy Case - New Century Mortgage Corporation (U.S. Bankruptcy Court, District of Delaware, Case # 07-10419-KJC)
Ch. 11 filed April 2, 2007. The Bar Date for filing proofs of claim was August 31, 2007 at 5 pm, prevailing Pacific Time.

Order Providing that the Automatic Stay Under Section 362(a) of the Bankruptcy Code is Terminated to Permit the Commencement or Continuation of any Action to Foreclose Upon or Extinguish an Interest Listed in the Name of a Debtor (7/14/08)

Disclosure Statement approved pursuant to a March 18, 2008, order. Second Amended Joint Ch.  11 Plan of Liquidation of the Debtors and the Official Committee of Unsecured Creditors Dated as of April 23, 2008 was confirmed.

Bankruptcy Case - New Horizons (U.S. Bankruptcy Court, Eastern District of California, Case # 09-47090) Ch. 7 filed December 11, 2009 
 
Bankruptcy Case - Oak Street Mortgage (U.S. Bankruptcy Court, Southern District of Indiana, Case # 07-05279-JKC-11) Ch. 11 filed June 8, 2007
 
Bankruptcy Case -  Ownit (U.S. Bankruptcy Court, District of California, Case # 06-12579) Ch. 11 filed December 28, 2006
 
Bankruptcy Cases - People's Choice Financial Corporation  (U.S. Bankruptcy Court, Central District of California, Santa Ana division, Case #10772-RK); People's Choice Funding, Inc. (U.S. Bankruptcy Court, Central District of California, Santa Ana division, Case #10767-RK); and People's Choice Home Loan, Inc. (U.S. Bankruptcy Court, Central District of California, Santa Ana division, Case # 10765-RK)
Ch. 11 petitions filed March 20, 2007. NOTE: An informational page for general unsecured creditors has been established by the Official Committee of Unsecured Creditors (www.xroadscms.net/pchlcommittee) for certain non-confidential and non-privileged information pertaining to the bankruptcy cases. In addition, unsecured creditors may direct inquires regarding the bankruptcy cases to pchlcommittee@winston.com.
 
Disclosure Statement for Committee's Liquidating Plan under Chapter 11 of the Bankruptcy Code dated May 28, 2008 of the Official Committee of Unsecured Creditors has been approved by the bankruptcy court. The Disclosure Statement, along with the Committee's Liquidating Plan under Ch. 11 of the Bankruptcy Code dated May 28, 2008, is posted on the website of the Debtors' claims at www.xroadscms.net/peopleschoice.

Order Confirming Committee's First Amended Liquidating Plan Under Ch. 11 of the Bankruptcy Code dated May 28, 2008 was filed and entered on August 6, 2008.

Docket Report - People's Choice Financial Corporation (received 3/22/07) The Bar Date for filing proofs of claim was August 31, 2007.

Bankruptcy Case - ResMAE Mortgage Corporation (U.S. Bankruptcy Court, District of Delaware, Case #07-10177-KJC)
Ch. 11 filed February 12, 2007. Ch. 11 Plan was confirmed in June 2007. To request copies contact: ResMAE Mortgage Corporation, c/o Kurtzman Carson Consultants LLC, 2335 Alaska Avenue, El Segundo, CA 90245 (p: 1-866-381-9100; e: info@kccllc.com). The Bar Date for filing proofs of claim was April 30, 2007 at 5 p.m. (pacific time). The confirmed Ch. 11 Plan provides for ResMAE to become a wholly-owned unit of RMC Mortgage Holdings, a subsidiary of Citadel Investment Group LLC.

Bankruptcy Case - Southstar Funding (U.S. Bankruptcy Court, N.D. Georgia, Case #07-65842) Ch. 7 filed April 11, 2007

Bankruptcy Case - Taylor, Bean & Whitaker Mortgage Corp. [U.S. Bankruptcy Court, M.D. Florida (Jacksonville), Case #09-07047] Ch. 11 filed August 24, 2009

Bankruptcy Case - UM Capital, LLC (U.S. Bankruptcy Court, District of Delaware, Case #09-10601) Ch. 7 filed February 20, 2009. View the Petition for this case. (Also see info re affiliate Homevest Capital, LLC above.)

Bankruptcy Case - CONSECO, Inc. (Case # 02 B 49672)
View the Updated Docket Listing for this case. Full Case Documentation may be obtained at the U.S. Bankruptcy Court for the Northern District of Illinois (PACER registration required). Conseco Lift Stay Procedures by Hilary Bonial (Brice, Vander Linden & Wernick - TX) USFN BK Committee Member: Provides a summary of the Order entered by the BK court on January 29, 2003, containing lift stay procedures that permit foreclosures and other actions against property to proceed where Conseco holds a junior lien.