Posted by LoraLynne/FL on 12/6/07 11:43am
Msg #224657

Express Financial

I received court papers from express financials lawyers today. Has anyone else got them? Is this a way for us to collect our money. I am not really up on this kind of thing. The owe me $350.00 its not as much as some but its still money .

Reply by pamow/oh on 12/6/07 11:48am
Msg #224658

I got two sets of papers, If anyone has any info on how we can collect please share.

Reply by PAW on 12/6/07 12:46pm
Msg #224672

If these are the creditor action notifications from the bankruptcy court, you need to follow the instructions as stated in the documents to get your claim to the trustee. If you don't understand the documents, I suggest you contact the trustee designated on the documents.

Reply by jba/fl on 12/6/07 2:53pm
Msg #224714

I got 2 sets of paperwork: each set has
1. Order Approving Employment of Campbell & Levine, LLC as Legal Counsel for Debtors.
2. Order Directing Joint Administration of the Debtor' Chapter 11 Cases

Not being up on this type of law, I can only surmise that they are consolidating these cases to appear jointly? Anyone know more?

Also, there is nothing else requiring my attention (so it appears) at this time. (true, false)
They must know I am creditor or they wouldn't be sending me anything(true, false).

Reply by jba/fl on 12/6/07 2:58pm
Msg #224716

Re: Express Financial-some corrections

just read yesterdays remarks by others who posted, so I understand my first 2 paragraphs now. Last 2 lines is all I want to know about at this time. TIA

Reply by Linda_H/FL on 12/6/07 2:59pm
Msg #224717

I got the same paperwork today - and I'm NOT a creditor - they don't owe me any money...and yes, I think that was just informational to everyone in EFS's database - I have yet to receive a notice of Bankruptcy and a Proof of Claim to file with the pertinent information. Maybe that's what these attorneys are going to do.

Reply by jba/fl on 12/6/07 3:24pm
Msg #224726

It looks as though they have given 20 days for objections to be filed to this appt? If filed then hearing re: new appt. of counsel?

Reply by SoCal Signing Co. on 12/6/07 3:55pm
Msg #224732

Express had a large client, the lender is Nationstar.
I have gone directly to Nationstar for payment. If you know if the lender was Nationstar let me know by private msg and I will give you the info for faxing your invoices to Nationstar directly.
Nationstar is based in Texas, they are not only doing government back loans only now.

Reply by Linda Juenger on 12/6/07 4:54pm
Msg #224738

I got mine today. Didn't expect it. I am owed $125. All I can say is my husband said to expect somwhere down the line (could take years), about 10cents on the dollar. I'm not spending any money on trying to collect maybe $12.

Reply by Luana on 12/7/07 8:14am
Msg #224847

Call Campbell and Levine. They will tell you to send in copies of your claims( I am sending the comfirmation) copies, of course. At this point, that is all you need to do.

Reply by Barb/MO on 12/6/07 6:09pm
Msg #224762

Julie: Answers to your questions

"Also, there is nothing else requiring my attention (so it appears) at this time. (true, false)"

Likely true. Probably all you'll end up doing is filing a proof of claim. I posted the last day for doing that last week after I called the court's information line. I think it's in April. You *should* received notification on that for sure, and probably a proof of claim form.

"They must know I am creditor or they wouldn't be sending me anything(true, false)."

Not necessarily, but probably. Oftentimes a debtor's financial records are in such disarray that they include all their vendors on their schedules of creditors, even though they know some are not owed any money.

"It looks as though they have given 20 days for objections to be filed to this appt? If filed then hearing re: new appt. of counsel?"

This is the type of motion filed in all Chapter 11 cases. Chances are there will be no objection to the attorneys' appointment filed. In any event, it's probably not an issue you'll have much concern about.

Good luck!

Reply by Art_PA on 12/10/07 9:57am
Msg #225282

Notaries are unsecured, nonpriority creditors. The government, secured creditors and unpaid employees get paid first. Don't count on getting anything.

Reply by William Price on 1/21/08 10:48am
Msg #231623

To all creditors and parties in interest of Express Financial Services, Inc. ("EFS" and Express Title Services of Ohio, Inc. ("ETS". My name is William C. Price and I am an attorney at the law firm of McGuireWoods LLP. My firm was recently retained by the Official Committee of Unsecured Creditors of EFS and ETS (the "Committee". The Committee is the responsible party for optimizing claims of unsecured creditors of EFS and ETS. I am the primary responsible attorney for the Committee. You may contact me at the below contact information:

William C. Price
McGuireWoods LLP
625 Liberty Avenue, 23rd Floor
Pittsburgh, PA 15222
412-667-7990
[e-mail address]

I am happy to answer any questions you may have concerning the status of EFS and ETS's bankruptcy proceedings and the efforts undertaken by the Committee to optimize the claims of EFS and ETS's creditors.

As many of you have likely already done, a party that believes it is owed money from EFS and/or ETS should file a proof of claim with the Bankruptcy Court, or its authorized representative. At this time, parties should direct proofs of claim to the Clerk of the Bankruptcy Court as noted in the below proof of claim form. The official form for a proof of claim may be obtained at the following address:

http://www.pawb.uscourts.gov/pdfs/forms/Pghproofofclaim.pdf

Please be advised that the bar date for filing such a proof of claim is April 22, 2008. The Bankruptcy Court, or its authorized representative, must actually receive all claims by April 22, 2008.

Again, if you have any questions regarding EFS and ETS's bankruptcy proceedings, please contact me at the office.

Regards,

Bill Price