Mr Cooper Group Inc fka COOP

[WithCatz]

Exactly correct. Escrow is the method by which any funds (but it is with an if and a when) come in, they have a mechanism to distribute them.

There is, however, no guarantee that sufficient funds will be available to pay off creditors. That is the normal case for most bankruptcies -- and escrows are issued anyway, as a "just in case".

Here, we believe that we will see creditors largely paid -- and remain hopeful that some residuals will make it to former Equity.

By no means is the word "escrow" a guarantee here.

...Catz