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Bank of America - Relief from Stay - Biltmore Estates and Late Phase Northgate Bank of America - Relief from Stay - Biltmore Estates and Late Phase Northgate
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  #31 (permalink)  
Old 12-04-2009, 04:23 PM
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Default THP wants to hurry some people in
Appraiser request.

The big 12/3 day is now 12/10.
Attached Files
File Type: pdf THPCompelAppraiser120409.pdf (159.1 KB, 34 views)
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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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  #32 (permalink)  
Old 12-04-2009, 05:39 PM
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Great plan...too bad no one wants to buy those rotting houses.
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The information contained in this posting is intended to provide general information only. It is not meant to constitute formal legal advice or give rise to any attorney-client relationship. The author disclaims any and all liability resulting from reliance upon this general information. I strongly recommend seeking formal legal advice from a competent attorney before acting upon any information that may appear at this web site or in any correspondence (electronic or otherwise).
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  #33 (permalink)  
Old 12-07-2009, 02:00 PM
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Default Update from Dave Wertz
Dave Wertz has asked me to inform everyone that the current hearing, originally scheduled for the 10th, has been moved to the 17th.
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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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  #34 (permalink)  
Old 12-15-2009, 02:27 PM
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More in the continuing saga that is THP and Biltmore.

A praecipe to withdraw the collateral motion.
Attached Files
File Type: pdf THPPraecipeBOACollateral121509.pdf (37.6 KB, 28 views)
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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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  #35 (permalink)  
Old 12-15-2009, 04:36 PM
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Quote:
Originally Posted by administrator View Post
More in the continuing saga that is THP and Biltmore.

A praecipe to withdraw the collateral motion.
These things always confuse me. Is this BoA removing their motion, or is it just THP requesting the court to remove it?
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  #36 (permalink)  
Old 12-15-2009, 05:55 PM
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Originally Posted by MontCo77 View Post
These things always confuse me. Is this BoA removing their motion, or is it just THP requesting the court to remove it?
THP is requesting their collateral motion removed.

Guess thursday will be an interesting day.

(in other words, this - http://www.wheresbuilder.com/forum/7528-post6.html)
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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.
Last edited by administrator; 12-15-2009 at 05:58 PM. Reason: link to items being removed
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  #37 (permalink)  
Old 12-16-2009, 12:50 AM
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Default Hopefully......
Instead of THP filing a new plan in terms of making BOA happy in light of this withdrawl, wouldn't it be great if everyone just agreed to a conversion to Chapter 7 and sell off Tim and Todd's debt-laden piles of crap to the highest bidder?

Let people move on in time for Christmas?

Then, let Tom Corbett go after Tim and Todd?

Yeah, more likely than not 8 more months of lies lies and more lies!
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"Hey. If any of you are looking for any last-minute gift ideas for me, I have one. I'd like Tim and Todd Hendricks right here tonight....and I want to tell them what a cheap, lying, no-good, rotten, four-flushing, low-life, snake-licking, dirt-eating, inbred, overstuffed, ignorant, blood-sucking, dog-kissing, brainless, ****less, hopeless, heartless, fat-***, bug-eyed, stiff-legged, spotty-lipped, worm-headed sack of monkey **** they are. Hallelujah. Holy ****. Where's the Tylenol?"
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  #38 (permalink)  
Old 12-16-2009, 04:33 PM
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Default Shrug.
12/16/2009 865 Praecipe to Withdraw Motion of Bank of America for Relief from the Automatic Stay Filed by BARBARA K HAGER on behalf of Bank of America (related document(s) 712 ). (Attachments: # 1 Service List) (HAGER, BARBARA) (Entered: 12/16/2009)

Seems like an awful lot f back and forth for nothing now.

Guess we'll know more tomorrow.
__________________
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.
Reply With Quote
  #39 (permalink)  
Old 12-16-2009, 07:17 PM
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Default Could Someone Tell Me
THP is requesting their collateral motion removed. (Quote)

Could someone tell me what exactly does this mean? In this a good thing or a bad thing? I have no clue....How unusual LOL
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  #40 (permalink)  
Old 12-17-2009, 09:29 AM
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Quote:
Originally Posted by LeftHanging View Post
THP is requesting their collateral motion removed. (Quote)

Could someone tell me what exactly does this mean? In this a good thing or a bad thing? I have no clue....How unusual LOL
legal jockeying.

It really all depends on what the big picture is. The Relief from Stay was pulled by Bank of America and the Collateral Motion was pulled by THP...pretty much indicating that there's more to discuss.
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The information contained in this posting is intended to provide general information only. It is not meant to constitute formal legal advice or give rise to any attorney-client relationship. The author disclaims any and all liability resulting from reliance upon this general information. I strongly recommend seeking formal legal advice from a competent attorney before acting upon any information that may appear at this web site or in any correspondence (electronic or otherwise).
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