December 3rd, 2012

On December 3, 2012, in Allegro Law LLC.,

At this time we are continuing with the process of reviewing filed Proof of Claims and filing Motions to Strike and Reclassify. If you are subject to a Motion, you will receive notice in the mail.

We have had many inquires as to how to understand the motions. If you receive a Motion, you will see four columns. In the first column is the creditor’s name that filed the proof of claim along with the claim number. In the second column is the address we have on file for that creditor. In the third column is the amount the creditor requested that they receive on their proof of claim. In the fourth column, and the most important column, is the amount that the creditor’s claim has been reclassified to. On many of the reclassified amounts there are two categories, priority and unsecured. All funds classified as priority will be paid to the extent there are sufficient funds in the bankruptcy estate. For those amounts classified as unsecured only a percentage will be paid, not the entire amount. We will not know the exact percentage that will be paid until all claims have been reviewed and reclassified.

If the word “strike” is in the fourth column, then we are moving to expunge, or remove, that particular proof of claim based on lack of supporting documentation both from the creditor and in our records. It is important that if we are moving to strike your claim and you have supporting documentation, (bank records, money orders, checks, etc) that you contact our office immediately to provide those documents.

If you have not done so already, please update your mailing address if you have relocated since filing a claim to ensure you receive any notices. All change of address forms and any responses to a Motion need to  be mailed to:

United States Bankruptcy Court Middle District of Alabama
Clerk of the Court
One Church Street
Montgomery, AL 36104.