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Re: Tavycal post# 327460

Thursday, 07/29/2010 4:06:59 PM

Thursday, July 29, 2010 4:06:59 PM

Post# of 346953
Tavy,
You will, if/when they get around to filing the required statements/schedules:
http://www.uscourts.gov/uscourts/RulesAndPolicies/rules/BK_Forms_Official_2010/B_007_0410.pdf
"3. Payments to creditors
b. Debtor whose debts are not primarily consumer debts: List each payment or other transfer to any creditor made
within 90 days immediately preceding the commencement of the case......"

This is actually one of those statements that should be EASY for them. According to previous filings, SPNG reported having only one checking account to the SEC. All they have to do is copy their check register.

And you're right......it should be VERY interesting.
Its purpose is to identify any "preferential payments"....meaning payments that may have been made specifically with the intent of avoiding the bankruptcy.

Not at the table, Carlos.

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