WALTER INVESTMENT MANAGEMENT CORP. Bankruptcy Filing
Case Number: 17-13446
WALTER INVESTMENT MANAGEMENT CORP. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on November 30, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-13446.
WALTER INVESTMENT MANAGEMENT CORP. Filing Information
The bankruptcy petition for WALTER INVESTMENT MANAGEMENT CORP. showed assets in the range of more than $1B with liabilities in the range of more than $1B. WALTER INVESTMENT MANAGEMENT CORP. reports that the number of creditors is in the range of 1,000-5,000.
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'.
WALTER INVESTMENT MANAGEMENT CORP. 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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WALTER INVESTMENT MANAGEMENT CORP. Docket Header
Lead, MEGA |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 17-13446-jlg
Assigned to: Judge James L. Garrity Jr. Chapter 11 Voluntary Asset |
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| Debtor Walter Investment Management Corp. 1100 Virginia Drive, Suite 100 Fort Washington, PA 19034 MONTGOMERY-PA Tax ID / EIN: 13-3950486 fka Walter Investment Management LLC |
rep. by |
Sunny Singh
Weil, Gotshal & Manges LLP 767 Fifth Avenue New York, NY 10153 212-310-8000 Fax : 212-310-8007 Email: sunny.singh @ weil.com |
| U.S. Trustee United States Trustee Office of the United States Trustee U.S. Federal Office Building 201 Varick Street, Room 1006 New York, NY 10014 (212) 510-0500 |