Case Background

On March 19, 2017, SquareTwo Financial Services Corporation and seventeen (17) affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the "Chapter 11 Proceedings").  The cases are pending before the Honorable James L. Garrity, Jr., and the Debtors have requested joint administration of the cases under Case No. 17-10659.

On the March 22, 2017, SquareTwo Financial Corporation, as the Debtors' foreign representative, filed an application for the commencement of recognition proceedings (the “Canadian Proceedings”) in the Ontario Superior Court of Justice (Commercial List) under Part IV of the Companies’ Creditors Arrangement Act (the “CCAA”) to recognize the Chapter 11 Proceedings. Information about the Canadian Proceedings is below.

Important Information & Dates

Useful Links

Debtors' Restructuring Website

Hearing on First Day Motions

A hearing on the Debtors' First Day Motions was held on March 21, 2017 at 3:00 p.m. (ET) before the Honorable James L. Garrity, Jr., United States Bankruptcy Court for the Southern District of New York, One Bowling Green, Room 601, New York, NY 10004. Please click below to view and download the Debtors' First Day Motions: 

First Day Motions



Petition Date


First Day Hearing

3:00 p.m. (ET)

Canadian Proceedings

On March 22, 2017, SquareTwo Financial Corporation, as the Foreign Representative, applied to the Ontario Superior Court of Justice (Commercial List) under Part IV of the CCAA for an Order granting, among other things, the recognition of SquareTwo Financial Corporation as the foreign representative of the Debtors, declaring that the centre of main interest for each of the Debtors is in the United States and that the Chapter 11 Proceedings are a "foreign main proceeding" under sections 47 and 48 of the CCAA, and granting a stay of proceedings in respect of the Debtors.

Service List

Motion Materials



Debtors' Counsel

Willkie Farr & Gallagher LLP

787 Seventh Avenue
New York, NY   10019-6099
Phone: 212.728.8000
Fax: 212.728.8111
Matthew A. Feldman
Paul V. Shalhoub
Robin Spigel
Debra C. McElligott

Thornton Grout Finnigan LLP

Suite 3200, 100 Wellington Street West
Toronto-Dominion Centre
Toronto, ON M5K 1K7   Canada
Phone: 416.304.1616
Fax: 416.304.1313
D.J. Miller
Asim Iqbal
Mitch Grossell

Debtors' Restructuring Advisors

AlixPartners, LLP

909 Third Avenue
New York, NY   10022
Phone: 212.490.2500
Fax: 212.490.1344

United States Trustee and Court Information

Office of the United States Trustee

U.S. Federal Office Building
201 Varick Street, Suite 1006
New York, NY   10014
Phone: 212.510.0500
Fax: 212.668.2255
Susan Arbeit
Richard C. Morrissey

United States Bankruptcy Court

Southern District of New York
One Bowling Green
New York, NY   10004-1408
Phone: 212.668.2870


Case Number
Debtor Name
Petition Date
17-10659 SquareTwo Financial Services Corporation March 19, 2017
17-10661 Astrum Financial, LLC March 19, 2017
17-10662 Autus, LLC March 19, 2017
17-10665 CA Internet Marketing, LLC March 19, 2017
17-10663 CACH, LLC March 19, 2017
17-10664 CACV of Colorado, LLC March 19, 2017
17-10660 CACV of New Jersey, LLC March 19, 2017
17-10666 Candeo, LLC March 19, 2017
17-10672 CCL Financial Inc. March 19, 2017
17-10667 Collect Air, LLC March 19, 2017
17-10668 Collect America of Canada, LLC March 19, 2017
17-10669 Healthcare Funding Solutions, LLC March 19, 2017
17-10674 Metropolitan Legal Administration Services, Inc. March 19, 2017
17-10670 Orsa, LLC March 19, 2017
17-10673 Preferred Credit Resources Limited March 19, 2017
17-10675 ReFinance America, Ltd. March 19, 2017
17-10671 SquareTwo Financial Canada Corporation March 19, 2017
17-10676 SquareTwo Financial Corporation March 19, 2017