Posted by djmobilenote on 12/17/07 2:57pm
Msg #226531

Express Financial Service - Chapter 11

Express Financial Services has filed for Chapter 11 Bankruptcy in the Western District of PA, Bankruptcy No. 07-27374JAD.

Reply by jba/fl on 12/17/07 3:32pm
Msg #226540

Barb/Mo asked: What hearing is it that's set for January 8?

I moved this thread up there as other way down. ...Same company notes though

There is a hearing on Jan. 8, 2008 "For Response and Hearing on Motion"
It is a motion of Business records Management, Inc. for a. for allowance and payment of administrative expense Claim and B. to compel debtor or assume or reject an executory contract filed by Business Records Management, Inc. in this (bankruptcy )
The judge is giving 10 min. max to hear this matter.

Reply by Linda_H/FL on 12/17/07 3:40pm
Msg #226543

Re: And I don't believe you're precluded from filing a

Proof of Claim if you don't attend this particular hearing.

Reply by Lisa Prestegard on 12/17/07 3:46pm
Msg #226545

Call the Clerk of Courts to see if you can attend

via teleconference. At least you'd be privvy to what's said at the hearing.

Reply by jba/fl on 12/17/07 3:52pm
Msg #226547

I don't get that from this either - sent you pm w/thoughts, n/m

Reply by MistarellaFL on 12/17/07 4:33pm
Msg #226551

Proof of Claim

I never received one, and am wondering if anyone who did would mind forwarding it to me.

Reply by Becca_FL on 12/17/07 5:11pm
Msg #226559

I'll email it to you, Misty. n/m

Reply by Barb/MO on 12/17/07 4:40pm
Msg #226552

Luana: Why do you say appearance by others is required?

In your post of 3:04 in the "Take notice" thread, you state:

"The hearing is set for 01/08/08 in Courtroom D 54th floor, U.S.
Steel Tower 600 Grant Street, in Pittsburgh, Pa. If the hearing last more thank 10 minutes, it will be reported to the Courtroom Deputy. You will have to attend the next court hearing to enable you to receive you money. How many of us are willing to go to Pa.? I am owed 230.00, so if I go I may have to settle for 1/2. Is it worth it.????????????"

From the little bit of info provided in this thread, it appears this hearing is specific to Business Records Management, Inc.'s motion concerning its administrative expense claim and the debtor's assumption/rejection of its executory contract with BRMI.

I can't imagine that all the other creditors are required to attend this hearing "to enable [them] to receive [their] money." If you believe that is the case, would you please explain?

Thanks.

Reply by Nick/MD on 12/17/07 9:13pm
Msg #226575

Re: Luana: Why do you say appearance by others is required?

good luck with that... they have to pay any secured creditors first and there appears to be a slew of them before any of us 'unsecured creditors' would see any money...

Reply by desktopfull on 12/17/07 9:25pm
Msg #226577

Re: To all, contact the trustee appointed by the bankruptcy

court to clarify what the hearing is about and who is supposed to be attending. Their name and contact info should be on the bankruptcy notice you received. If you didn't get a notice, you weren't listed as a creditor and your debt won't be discharged in the bankruptcy. Which would mean you can still pursue the debt once they come out of bankruptcy, that is if they are still around and in business.

Reply by Linda_H/FL on 12/17/07 9:49pm
Msg #226582

Re: If all this is true...why am I getting all these

notices? They don't owe me any money, I've not received a notice of filing, but I keep getting copies of the motions being filed.

Reply by desktopfull on 12/17/07 10:02pm
Msg #226583

Re: If all this is true...why am I getting all these

Then they have listed you as a vendor and some how the original notice of filing got lost in the mail or overlooked. If they don't owe you money you don't have to respond, but they are required to send notices on everything they do to all vendors listed. I'm still getting them from the Bridgespan Bankruptcy, that's been going on for years now. That company had me do a closing for them the very week that they filed their bankruptcy knowing full well that I wouldn't get paid.

Reply by Luana Lonergan on 12/18/07 10:42am
Msg #226627

Re: Luana: Why do you say appearance by others is required?

This is info from the secretary at Campbell and Kline. Do a yp.com search for the phone # and see if you get the same reply.

Reply by Linda_H/FL on 12/18/07 11:16am
Msg #226631

Re: Luana: that's not my take on the notice..

I believe, but am not sure, that attendance is only required by (a) The moving party, Business Records Management, or their counsel; (b) The "party from whom relief is sought", EFS, or their counsel; and (c) any equity security holders or their counsel.....not ALL creditors...been a long time since I worked in bankruptcy but I believe a separate date will be set for addressing the creditors' claims - and that will have to be AFTER all proofs of claim have been filed and proper notices have been published.. JMHO from many moons ago.

Please, Barbara/MO....HELP!!

Reply by William Price on 1/21/08 10:46am
Msg #231622

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