ResCap Plan Offers Some Recovery To Unsecured Creditors

By Maria Chutchian · July 8, 2013, 3:33 PM EDT

Residential Capital LLC on Thursday submitted a reorganization plan that, if approved by the court, will guide the collapsed mortgage servicer out of bankruptcy and repay unsecured creditors an estimated 36...

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Case Information

Case Title

Residential Capital, LLC

Case Number

1:12-bk-12020

Court

New York Southern

Nature of Suit

Date Filed

May 14, 2012