Delta Financial Ch. 11 Liquidation Plan Confirmed
The plan was confirmed at a hearing on Dec. 8, and is currently awaiting the judge’s approval of the final order, an attorney for the debtors said.
The plan will allow a court-appointed trustee to move forward with liquidating Delta Financial’s assets and liabilities from a liquidation trust.
The specific details of the liquidation plan were not disclosed due to the judge’s pending approval.
To view the full article, register now.