MORTGAGE LENDERS NETWORK USA, INC. Bankruptcy Filing

Case Number: 07-10146

MORTGAGE LENDERS NETWORK USA, INC. filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on February 05, 2007. This is a voluntary filing; it was assigned the bankruptcy case number #07-10146.

MORTGAGE LENDERS NETWORK USA, INC. Filing Information

The bankruptcy petition for MORTGAGE LENDERS NETWORK USA, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. MORTGAGE LENDERS NETWORK USA, INC. reports that the number of creditors is in the range of 5,001-10,000.

The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

MORTGAGE LENDERS NETWORK USA, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.

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MORTGAGE LENDERS NETWORK USA, INC. Docket Header

LeadSC, CLMSAGNT, CONFIRMED, Sealed Doc(s)




U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 07-10146-PJW

Assigned to: Peter J. Walsh
Chapter 11
Voluntary
Asset


Date filed:  02/05/2007

Debtor
Mortgage Lenders Network USA, Inc.
Middlesex Corporate Center
213 Court Street
11th Floor
Middletown, CT 06457
Tax ID / EIN: 06-1467394
aka
YOU WOULD APPROVE (Service Mark)
aka
IN EVERYONE'S BEST INTEREST (Service Mark)
dba
FAMILY CREDIT CONNECTION
dba
AMERIFUND
dba
LENDERS NETWORK

rep. by Beth E. Levine
Pachulski Stang Ziehl & Jones LLP
780 Third Avenue, 36th Floor
New York, NY 10017

Curtis A. Hehn
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street
17th Floor
Wilmington, DE 19801
302-652-4100
Fax : 302-652-4400
Email:
chehn @ pszjlaw.com

James E. O'Neill
Pachulski Stang Ziehl & Jones LLP
919 North Market Street, 17th Floor
PO Box 8705
Wilmington, DE 19899-8705
302-652-4100
Fax : 302-652-4400
Email:
jo'neill @ pszyj.com

James E. O'Neill
Pachulski Stang Ziehl & Jones LLP
919 North Market Street, 17th Floor
P.O. Box 8705
Wilmington, DE 19899-8705
302-652-4100
Fax : 302-652-4400
Email:
jo'neill @ pszjlaw.com

John S. Burson

Kathleen P. Makowski
Pachulski Stang Ziehl & Jones LLP
919 North Market Street, 17th Floor
P.O. Box 8705
Wilmington, DE 19899
302-652-4100
Fax : 302-652-4400
Email:
kmakowski @ pszjlaw.com

Laura Davis Jones
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street
17th Floor
Wilmington, DE 19899-8705
usa
302 652-4100
Fax : 302-652-4400
Email:
ljones @ pszjlaw.com

Mark M. Billion
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street
17th Floor
Wilmington, DE 19702
302-652-4100
Fax : 302-652-4400
Email:
mbillion @ pszjlaw.com

Timothy P. Cairns
Pachulski Stang Young & Jones LLP
919 N. Market Street
17th Floor
Wilmington, DE 19801
302-652-4100
Fax : 302-652-4400
Email:
tcairns @ pszjlaw.com

Trustee
Neil F. Luria, Liquidating Trustee of Chapter 11 Estate of Mortgage Lenders Network USA, Inc.

rep. by Bradford J. Sandler
Pachulski Stang Ziehl & Jones LLP
919 N. Market Street, 17th Floor
Wilmington, DE 19801
302-468-7750
Fax : 302-652-4400
Email:
bsandler @ pszjlaw.com

Curtis A. Hehn
(See above for address)

David W. Carickhoff
Blank Rome LLP
1201 Market Street, Suite 800
Wilmington, DE 19801
302-425-6400
Fax : 302-425-6464
Email:
carickhoff @ blankrome.com

Raymond Howard Lemisch
Benesch Friedlander Coplan & Aronoff, LL
222 Delaware Avenue
Suite 801
Wilmington, DE 19801
302.442.7010
Fax : 302.442.7012
Email:
rlemisch @ beneschlaw.com

Victoria A. Guilfoyle
Blank Rome LLP
1201 Market Street
Suite 800
Wilmington, DE 19801
302-425-6404
Fax : 302-425-6464
Email:
guilfoyle @ blankrome.com

U.S. Trustee
United States Trustee
844 King Street, Room 2207
Lockbox #35
Wilmington, DE 19899-0035
302-573-6491

   
Creditor Committee
The Official Committee of Unsecured Creditors of Mortgage Lenders Network USA, Inc.
Blank Rome LLP
One Logan Square
18th and Cherry Streets
Philadelphia, PA 19103
215-569-5500
rep. by David W. Carickhoff
(See above for address)

Elizabeth A. Wilburn
Blank Rome LLP
1201 Market Street
Suite 800
Wilmington, DE 19801
(302) 425-6487
Fax : (302) 425-6464
Email:
wilburn @ blankrome.com

Jason W. Staib
Blank Rome LLP
1201 Market Street
Suite 800
Wilmington, DE 19801
(302) 425-6400
Fax : (302) 425-6464
Email:
staib @ blankrome.com

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