Thread: Looks like October 27th is going to come and go.. Just like any other day. THP ReOrg
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Old 10-26-2009, 04:11 PM
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Quote:
Originally Posted by Voice-of-Reason View Post
No matter how hard THP tries, they still won't be able to come up with a reorganization plan. Save some time for everyone involved-----CHAPTER 7.
Well, it's "only been six months".

It must be easy to say that when you don't have to live with what everyone is fighting over in the court system.
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TH Properties apparently has "left its debt behind" while STILL in bankruptcy Chapter 11?

See :
http://www.wheresbuilder.com/THP-Marketing-Flyer-Davidson-New-Homes.pdf

I am "Unfairly Burdened" with liens due to THP's inabilities to pay their bills :

~2k - B&F Insulation - A Masco Company
~11k - ServiceMark - A UGI HVAC D/B/A

I'm still waiting, THP :

http://abclocal.go.com/wpvi/story?se...rts&id=6845195

"We are working diligently with vendors and lenders to develop a restructuring plan that includes an agreement by the mechanics lien holders to release liens against completed homes. Our discussions have been encouraging, and we intend to see that all legal action is taken to ensure that no homeowner is unfairly burdened by these liens. We continue to specifically address this issue in our discussions. Our goal is to reach the best possible outcome for all parties as soon as possible."

Note : I am not a lawyer. Any information received from a post is just that - information. It is not legal advice.
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