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Re: 420 Stocks post# 61288

Wednesday, 08/31/2016 12:55:40 PM

Wednesday, August 31, 2016 12:55:40 PM

Post# of 82575
UMS, LLC Chapter 11 timeline, next three steps to complete if it follows the Chapter 11 timeline below.

The Chapter 11 Petition (completed)
Monthly Operating Reports (completed)
"Section 341(a)" Meeting of Creditors - (completed)
The Disclosure Statement and Disclosure Hearing
The Proposed Plan of Reorganization
The Confirmation Hearing

Seems the Confirmation Hearing typically comes 20 to 45 days after the 341 meeting, so mid to late September this should get wrapped up, just guessing.

Check Pacer updates
https://www.pacermonitor.com/case/15273408/United_Mobile_Solutions,_LLC

This Chapter 11 general timeline helped me understand the steps a lot better...

http://www.alllaw.com/articles/nolo/bankruptcy/chapter-11-timeline-and-process.html

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