American Business Financial Services, Inc.  Bankruptcy New Filing Alert: Motion For The Substantive Consolidation Of The Debtors’ Estates

On February 25, 2015, a motion for the substantive consolidation of the debtors’ estates was filed in the bankruptcy case of American Business Financial Services, Inc.  and its affiliates.

The filing was assigned docket number 5777 and is described on the court’s official docket as follows:

Motion to Substantively Consolidate Motion of Chapter 7 Trustee for Order Substantively Consolidating the Estates of Debtors Filed by George L. Miller. Hearing scheduled for 3/18/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 3/11/2015. (Attachments: # (1) Notice # (2) Proposed Form of Order) (Carroll, John)

American Business Financial Services, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 21, 2005. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 05-10203. The bankruptcy case is currently assigned to United States Bankruptcy Judge Mary Walrath. The law firm of Unknown is acting as lead bankruptcy counsel to American Business Financial Services, Inc.  in the bankruptcy case.


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