American Business Financial Services, Inc.

Company

• Pre-filing annual sales: $151 (millions of current dollars)
• Pre-filing assets: $1,623 (millions of current dollars)
• Pre-filing number of employees: 969
• Sub-industry: 61 Non-depository Credit Institutions
• Place of incorporation: DE
• Court for city of headquarters: PA Philadelphia
• In business at filing? data not available

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Blank Rome
• Date of filing: January 21, 2005
• Judge at filing: data not available
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 05-10203
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


• Case transferred? no
• Destination court of transfer: not applicable
• Creditors committee appointed? yes
• §363 sale: no 363 sale
• Dip loan final approval? yes
• Plan type: free fall


• Disposition status: converted
• Date of disposition: May 17, 2005
• Judge at disposition: Mary F. Walrath
• Days from filing to disposition: 116

After the case

• Did firm emerge? company did not emerge
• Did firm refile? not emerged 5 years