DECA Financial Services, LLC Bankruptcy New Filing Alert: Order Regarding The Motion For Authority To Use Cash Collateral

On April 29, 2015, an order regarding the motion for authority to use cash collateral was filed in the bankruptcy case of DECA Financial Services, LLC and its affiliates.

The filing was assigned docket number 521 and is described on the court’s official docket as follows:

Minute Entry/Order re: (1) Continued Hearing on Motion for Entry of Interim and Final Orders (i) Authorizing Trustee to use Cash Collateral Pursuant to 11 U.S.C. 363 and (ii) Granting Adequate Protection to Prepetition Secured Lender Pursuant to 11 U.S.C. 361 and Objection filed by Creditor Professional Medical Billing. Hearing held. Counsel John Hoard reports as the status of the case. Parties agree to continued cash use and will submit 16th interim order. Matter continued to 06/01/2015 @ 1:30 p.m (Notice given in court and no further notice will be issued) (re: Doc # [104], [108], [139], [204], [235], [313], [333], [357], [380], [392], [427], [449]) (2) Continued Hearing: Stipulation regarding Liability for Certain Expenses Incurred OR to be Incurred. Hearing held. Counsel John Hoard reports. Stipulation APPROVED (re: Doc # [458]). (mrl)

DECA Financial Services, LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 21, 2014. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of Indiana . The case number for the lead bankruptcy case is 14-01093. The bankruptcy case is currently assigned to United States Bankruptcy Judge Robyn Moberly. The law firm of Densborn Blachly LLP is acting as lead bankruptcy counsel to DECA Financial Services, LLC in the bankruptcy case.


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