Advanta Corp. Bankruptcy New Filing Alert: Motion For Authority To Abandon Assets Of The Debtor’S Estate

On May 12, 2015, a motion for authority to abandon assets of the debtor’s estate was filed in the bankruptcy case of Advanta Corp. and its affiliates.

The filing was assigned docket number 1631 and is described on the court’s official docket as follows:

Motion to Approve The Disposal of Certain Books and Records Filed by FTI Consulting, Inc., as Liquidating Trustee. Hearing scheduled for 7/9/2015 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #5, Wilmington, Delaware. Objections due by 5/29/2015. (Attachments: # (1) Notice # (2) Exhibit A-Proposed Order) (Cohen, Howard)

Advanta Corp. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on November 8, 2009. 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 09-13931. The bankruptcy case is currently assigned to United States Bankruptcy Judge Kevin Carey. The law firm of Unknown is acting as lead bankruptcy counsel to Advanta Corp. in the bankruptcy case.


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