{"id":4749,"date":"2019-11-04T09:00:17","date_gmt":"2019-11-04T14:00:17","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4749"},"modified":"2019-09-30T13:02:18","modified_gmt":"2019-09-30T18:02:18","slug":"lendingtree-subsidiary-will-liquidate-in-chapter-7","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4749","title":{"rendered":"LendingTree Subsidiary Will Liquidate in Chapter 7"},"content":{"rendered":"\n<p>Home Loan Center Inc., a mortgage-lending subsidiary of Lending\nTree Inc., has converted its bankruptcy case from a chapter 11 to a chapter 7.\nResidential Capital LLC&#8217;s liquidating trust and Lehman Brothers Holdings Inc.,\nwhich hold most of the claims against Home Loan Center, requested that the\njudge convert the bankruptcy from chapter 11 to chapter 7. Residential Capital\nargued Home Loan Center does not belong in chapter 11 because the company sold\nits operating assets to Discover Financial Services Inc. in 2012 for $55.9\nmillion.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/591064\/LendingTree_Logo.jpg?p=facebook\" alt=\"\" width=\"276\" height=\"144\"\/><\/figure><\/div>\n\n\n\n<p>If you are thinking about filing for bankruptcy and would like\nto speak to an attorney, call our law office at 816-524-4949 or visit our\nwebsite at Hoorfarlaw.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home Loan Center Inc., a mortgage-lending subsidiary of Lending Tree Inc., has converted its bankruptcy case from a chapter 11 to a chapter 7. Residential Capital LLC&#8217;s liquidating trust and Lehman Brothers Holdings Inc., which hold most of the claims &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4749\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4749","post","type-post","status-publish","format-standard","hentry","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4749"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4749\/revisions"}],"predecessor-version":[{"id":4750,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4749\/revisions\/4750"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}