SquareTwo Financial Services Corporation, et al.

SquareTwo Financial Services Corporation, et al.

Case Number: 17-10659

Southern District of New York

THIS WEBSITE IS MAINTAINED ON BEHALF OF THE SQUARETWO UNSECURED CREDITOR DISTRIBUTION TRUST

 

On March 19, 2017 (the "Petition Date"), SquareTwo Financial Services Corporation and seventeen (17) affiliated debtors (collectively, the “Debtors”) each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. The Debtors' bankruptcy cases are jointly administered under case no. 17-10659 before the Honorable James L. Garrity, Jr. in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court").

On June 9, 2017, the Bankruptcy Court entered an order [Docket No. 298] (the "Confirmation Order") confirming the Modified Joint Prepackaged Chapter 11 Plan for SquareTwo Financial Services Corporation and its Affiliated Debtors (as confirmed, the "Plan") in the Debtors' chapter 11 cases. The Bankruptcy Court also entered an order [Docket No. 299] (the "Settlement Order") approving an agreement (the "Settlement Agreement") providing the opportunity for distributions to holders of U.S. General Unsecured Claims and holders of Second Lien Lender Claims through the establishment of a Creditor Distribution Trust (the "Creditor Distribution Trust Fund").

The Debtors' Plan went effective on June 15, 2017 (the "Effective Date") and the Creditor Distribution Trust was established in accordance with the terms of the Settlement Order, Settlement Agreement and Creditor Distribution Trust Agreement (the "CDTA").

On July 28, 2017, the Bankruptcy Court entered an order [Docket No. 387] (the "Creditor Distribution Trust Procedures Order"), which, among other things, established 5:00 p.m. Mountain Time on September 7, 2017 as the last date for all holders of Second Lien Lender Claims and holders of U.S. General Unsecured Claims to satisfy the requirement to file proofs of claim against the Creditor Distribution Trust (the "Trust Claim Bar Date") and return (i) a properly completed Trust Election Form and (ii) a properly completed IRS Form W-9 (the "Election Form Deadline").

Upon completion of a Proof of Claim (together with any supporting documentation you may have), a Trust Election Form, and an IRS Form W-9, please remit to the following address:

SquareTwo Unsecured Creditor Distribution Trust Processing Center
c/o Stretto
8269 E. 23rd Avenue, Suite 275
Denver, CO 80238

Should you wish to receive a date-stamped copy of your forms, please include a photocopy of each and a self-addressed, stamped envelope.

Additional information about the bankruptcy cases may be obtained by calling the toll-free case information line at (855) 812-6112. You may also submit an inquiry via email by clicking HERE.

Debtors

SquareTwo Financial Services Corporation

17-10659

 

Click the orange plus to see the full list of 19 debtors.

Dates

Trust Claim Objection Deadline
May 31, 2019
(11:59 p.m. ET)

Omnibus Claim Objection Hearing
April 16, 2019
(10:00 a.m. ET)

Non-Beneficiaries Hearing
April 16, 2019
(10:00 a.m. ET)

Court Information

United States Bankruptcy Court, Southern District of New York

One Bowling Green
New York, NY 10004-1408

Professionals

COUNSEL TO THE OFFICIAL COMMITTEE 
OF UNSECURED CREDITORS
Robert M. Hirsh
ARENT FOX LLP 

 

FINANCIAL ADVISORS TO THE OFFICIAL COMMITTEE
OF UNSECURED CREDITORS
Edward T. Gavin, CTP 
GAVIN/SOLMONESE LLC