Dear interval owners,
Please note that the bankruptcy court has now officially extended the March 31, 2017, deadline for interval owners to file a proof of claim with the court. The deadline is extended generally at this time.
I will be filing
with the court a motion seeking approval of special claims procedures for
interval owners. Those proposed procedures will:
- Allow most interval owners to
receive their distribution without having to file anything with the court;
- Provide all owners with more
detail about the proposed distributions, and a meaningful opportunity to
object if they think a mistake has been made in calculating their
distribution; and
- Provide clear, court
approved, instructions and worksheets to allow interval owners to file
proper claims IF they disagree with their proposed treatment or IF they
fall into a category where they must file a claim (I will let you know if
you fall into this category).
It will take some
time to prepare and file this motion. A notice of the motion will be sent to
all interval owners. So, please be patient and wait for these notices. There is
no need to file anything with the court at this time to ensure your right to a distribution.
Regards,
Warren Agin
Chapter 7 Trustee