July 17, 2014

On July 17, 2014, in Allegro Law LLC.,

On July 15, 2014, the Trustee filed the Interim Trustee’s Final Report (“ITFR”) with the Court requesting permission from the Court to make an interim distribution to all valid creditors. The ITFR can be viewed in its entirety by clicking “ITFR”. Please note, the Trustee’s office is not able to give legal advice to any creditors, so please consult legal counsel of your choosing if you have any questions regarding the report. The Court set the ITFR for a hearing on August 26, 2014. Barring any objections, after the hearing the Court should issue an Order on the ITFR. If the Court grants the ITFR, the Trustee will then begin making interim distributions pursuant to the Order approving the ITFR. The Trustee has proposed making 100% distributions to valid priority claims and 55.9% distribution to valid general unsecured claims. As this is an interim distribution, the Trustee anticipates making a final distribution at an unknown later date.

If you wish to make an objection to the Trustee’s proposed distributions it will need to be in writing and mailed to the: United States Bankruptcy Court, Clerk of the Court, One Church Street, Montgomery, Alabama 36104. Only objections made in writing and mailed to the Clerk’s office will be considered valid and heard by the Court.

As a reminder, if you have moved since filing a claim and have not mailed in a change of address form to the Court it is very important that you do so at this time. The change of address form can be found on the “Documents/Forms” tab and once completed needs to be mailed to the: United States Bankruptcy Court, Clerk of the Court, One Church Street, Montgomery, Alabama 36104.