American Business Financial Services, Inc.  Bankruptcy New Filing Alert: Motion For Authority To Enter Into A Transaction Which Is Outside The Ordinary Course Of Business

On May 15, 2015, a motion for authority to enter into a transaction which is outside the ordinary course of business was filed in the bankruptcy case of American Business Financial Services, Inc.  and its affiliates.

The filing was assigned docket number 5944 and is described on the court’s official docket as follows:

Motion to Compel the Chapter 7 Trustee to Satisfy the Mortgage Entered Into Between the Movants as Mortgagors and Home American Credit, Inc. as Mortgagee and Recorded with the Monmouth County Clerk on January 25, 1993 in Mortgage Book 5272 on Page 0473; or in the Alternative, for Relief From the Automatic Stay Filed by Lena England, Walter England. Hearing scheduled for 6/17/2015 at 02:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #4, Wilmington, Delaware. Objections due by 6/10/2015. (Attachments: # (1) Exhibit A to Motion # (2) Notice of Motion # (3) Certification in Support of Motion # (4) Exhibit A to Certification # (5) Proposed Form of Order # (6) Certificate of Service) (Kasen, Jenny)

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.


Leave a Reply