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2nd Chance Investment Group, LLC

COURT
California Central Bankruptcy Court
CASE NUMBER
8:2022bk12142
TYPE / CHAPTER
Voluntary / 11

Filed

12-21-22

Updated

12-22-24

Last Checked

12-16-24

Assets

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Liabilities

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Docket

Last Updated
Dec 16, 2024
Last Entry Filed
Nov 20, 2024

Docket Entries by Quarter

There are 426 older docket entries.

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Apr 16 408 Notice of Hearing on Final Application for Compensation with Proof of Service. Filed by Other Professional David M Goodrich (RE: related document(s)407 Application for Compensation Final Fees and/or Expenses (11 U.S.C. § 330) Including Exhibit 1 and Proof of Service. for David M Goodrich, Other Professional, Period: 11/1/2023 to 4/12/2024, Fee: $7,595.00, Expenses: $2,001.87. Filed by Attorney David M Goodrich). (Goodrich, David) (Entered: 04/16/2024)
Apr 17 409 Notice to Filer of Error and/or Deficient Document Incorrect hearing date/time/location was selected. THE FILER IS INSTRUCTED TO FILE AN AMENDED NOTICE OF MOTION/HEARING WITH THE CORRECT HEARING INFORMATION, WHICH IS: MAY 7, 2024 AT 10:00 A.M. IN COURTROOM 5C, LOCATED AT 411 WEST FOURTH STREET, SANTA ANA, CA A92701. (RE: related document(s)407 Application for Compensation filed by Other Professional David M Goodrich) (NB8) (Entered: 04/17/2024)
Apr 17 410 Hearing Set (RE: related document(s)407 Application For Payment Of Final Fees And/Or Expenses For The Period From November 1, 2023 Through April 12, 2024 - Fees: 7m595.00; Expenses: $2,001.87 filed by Other Professional David M Goodrich) The Hearing date is set for 5/7/2024 at 10:00 AM at Crtrm 5C, 411 W Fourth St., Santa Ana, CA 92701. The case judge is Scott C Clarkson (NB8) (Entered: 04/17/2024)
Apr 17 411 Application for Compensation Amended (to Reflect Correct Hearing Date) Application for Payment of: Final Fees and/or Expenses (11 U.S.C. § 330) Including Exhibit 1 and Proof of Service for David M Goodrich, Other Professional, Period: 11/1/2023 to 4/12/2024, Fee: $7,595.00, Expenses: $2,001.87. Filed by Attorney David M Goodrich (Goodrich, David) (Entered: 04/17/2024)
Apr 17 412 Declaration re: Declaration Of Sajan Bhakta Filed by Attorney Goe Forsythe & Hodges LLP (RE: related document(s)400 Application for Compensation Second And Final Pre-Confirmation Application For Compensation And Reimbursement Of Expenses Of Goe Forsythe & Hodges LLP, Counsel For The Official Committee Of Unsecured Creditors; Declarations Of Robert P. Goe And Sajan). (Goe, Robert) (Entered: 04/17/2024)
Apr 19 413 Declaration re: Declaration of Rayshon Foster in Support of Amended Application for Payment of Final Fees and Expenses of David M. Goodrich, Chief Restructuring Officer, with Proof of Service Filed by Debtor 2nd Chance Investment Group, LLC (RE: related document(s)411 Application for Compensation Amended (to Reflect Correct Hearing Date) Application for Payment of: Final Fees and/or Expenses (11 U.S.C. § 330) Including Exhibit 1 and Proof of Service for David M Goodrich, Other Professional, Period: 11/). (Goodrich, David) (Entered: 04/19/2024)
Apr 30 414 Order On Application For Payment Of Final Fees And/Or Expenses (11 U.S.C. Section 330): Order of Distribution for Goe Forsythe & Hodges LLP, Counsel For Official Committee Of Unsecured Creditors, Period: 11/11/2023 to 4/5/2024, Fees awarded: $59,915.50, Expenses awarded: $112.88; Awarded on 4/30/2024 (BNC-PDF) Signed on 4/30/2024. (NB8) (Entered: 04/30/2024)
Apr 30 415 Application for Compensation Second and Final Application for Compensation and Reimbursement of Expenses of Grobstein Teeple LLP as Financial Advisors for the Debtor and Debtor-in-Possession During the Pre-Confirmation Time Period; Declarations of Joshua R. Teeple and Rayshon A. Foster in Support Thereof with Proof of Service and Exhibits A-D for Grobstein Teeple LLP, Financial Advisor, Period: 11/1/2023 to 2/29/2024, Fee: $7,240.00, Expenses: $10.02. Filed by Financial Advisor Grobstein Teeple LLP. (Teeple, Joshua) (Entered: 04/30/2024)
Apr 30 416 Notice of motion/application with Proof of Service Filed by Financial Advisor Grobstein Teeple LLP (RE: related document(s)415 Application for Compensation Second and Final Application for Compensation and Reimbursement of Expenses of Grobstein Teeple LLP as Financial Advisors for the Debtor and Debtor-in-Possession During the Pre-Confirmation Time Period; Declarations of Joshua R. Teeple and Rayshon A. Foster in Support Thereof with Proof of Service and Exhibits A-D for Grobstein Teeple LLP, Financial Advisor, Period: 11/1/2023 to 2/29/2024, Fee: $7,240.00, Expenses: $10.02. Filed by Financial Advisor Grobstein Teeple LLP.). (Teeple, Joshua) (Entered: 04/30/2024)
Apr 30 417 Hearing Set (RE: related document(s)415 Second And Final Application For Compensation And Reimbursement Of Expenses Of Grobstein Teeple, LLP As Financial Advisors For The Debtor And Debtor-In-Possession During The Pre-Confirmation Period - November 1, 2023 Through And Including February 29, 2024 - Fees: $7,240.00; Expenses: $10.02 filed by Accountant Grobstein Teeple LLP, Financial Advisor Grobstein Teeple LLP) The Hearing date is set for 5/21/2024 at 10:00 AM at Crtrm 5C, 411 W Fourth St., Santa Ana, CA 92701. The case judge is Scott C Clarkson (NB8) (Entered: 04/30/2024)
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May 30 428 Order Approving Second And Final Application For Compensation And Reimbursement Of Expenses Of Grobstein Teeple, LLP As Financial Advisors For The Debtor And Debtor-In-Possession During The Pre-Confirmation Period. IT IS ORDERED: The Application Is APPROVED. 2. Applicant's Fees In The Amount of $7,240.00 And Expenses In The Amount Of $10.02 Incurred During The Period From November 1, 2023, To February 29, 2024, Are Hereby APPROVED On A Final Basis. 3. The Previously Allowed Fees And Expenses In The Amounts Of $14,949.50 And $129.32, Respectively, Are ALLOWED On A Final Basis. 4. Debtor Is Authorized To Remit Payment In Full Of All Approved But Unpaid Fees And Expenses. (BNC-PDF) Signed on 5/30/2024. (NB8) (Entered: 05/30/2024)
May 31 429 Hearing Held On Application (RE: related document(s)415 Second And Final Application For Compensation And Reimbursement Of Expenses During The Pre-Confirmation Period - November 1, 2023 Through And Including February 29, 2024 - RE: GROBSTEIN TEEPLE, LLP - Financial Advisors For The Debtor and Debtor-in-Possession - Fees: $7,240.00; Expenses: $10.02) - ORDER BY ATTORNEY - BY DEFAULT - APPLICATION GRANTED (NB8) (Entered: 05/31/2024)
Jun 1 430 BNC Certificate of Notice - PDF Document. (RE: related document(s)428 Order of Distribution (BNC-PDF) filed by Accountant Grobstein Teeple LLP, Financial Advisor Grobstein Teeple LLP) No. of Notices: 1. Notice Date 06/01/2024. (Admin.) (Entered: 06/01/2024)
Jun 24 431 Hearing Continued On Post-Confirmation Status Conference (RE: related document 9 Status Conference RE: (1) Setting Scheduling Hearing And Case Management Conference And (2) Requiring Status Report) - STATUS CONFERENCE HEARING CONTINUED TO OCTOBER 23, 2024 AT 11:00 A.M. IN COURTROOM 5C, LOCATED AT 411 WEST FOURTH STREET, SANTA ANA, CA 92701. STATUS REPORT DUE FOURTEEN (14) DAYS IN ADVANCE . The case judge is Scott C Clarkson (NB8) (Entered: 06/24/2024)
Jul 9 432 Chapter 11 Monthly Operating Report for the Month Ending: March 31, 2024 Filed by Debtor 2nd Chance Investment Group, LLC. (Goodrich, David) (Entered: 07/09/2024)
Jul 18 433 Notice of Occurrence of the Effective Date of Debtor's Chapter 11 Plan Filed by Debtor 2nd Chance Investment Group, LLC (RE: related document(s)381 Order Confirming Debtor's First Amended Chapter 11 Liquidating Plan As Modified. IT IS ORDERED: The Pl;an Is CONFIRMED In Its Entirety Pursuant To Section 1129(a) And, Where Applicable, Section 1129(b) Of The Bankruptcy Code. The Terms Of The Plan, Exhibits To The Plan And The Disclosure Statement, And Any Other Documents Filed In Connection With The Plan And/Or Executed Or To Be Executed In Connection With The Transactions Contemplated By The Plan, Made In Connection With The Plan, Are Expressly Incorporated Into, And Form An Integral Part Of, This Order. The Effective Date Of The Plan Will Be The First Day Of The Month That Is At Least Fifteen Days After The Date An Order Confirming The Plan Is Entered. The Debtor Shall File A Notice With The Court Indicating The Occurrence Of The Effective Date. On The Effective Date Or Soon Thereafter, The Debtor Shall Enter Into The Liquidating Trust Agreement. The Form Of The Liquidating Trust Agreement Attached As Exhibit "1" To The Disclosure Statement Is Hereby Approved, And The Debtor And The Liquidating Trustee Are Authorized To Enter Into And Execute The Liquidating Trust Agreement And Take All Other Necessary Steps To Establish And Implement The Liquidating Trust. The Appointment Of And Compensation Terms For David Goodrich As The Liquidating Trustee Under The Liquidating Trust Agreement As Set Forth In The Plan And Disclosure Statement Are Hereby APPROVED. The Debtor Will Not Receive A Discharge Under The Plan Pursuant To And In Accordance With The Provisions Of Section 1141 Of The Bankruptcy Code Because The Plan Contemplates And Will Result In A Sale Or Liquidation Of All Or Substantially All The Property Of The Debtor's Estate. A POST-CONFIRMATION STATUS CONFERENCE Shall Be Held On JUNE 12, 2024, AT 11:00 AM. In The Above Captioned Court (Courtroom 5C, Located At 411 West Fourth Street, Santa Ana, CA 92701) With A Status Report Due On Or Before May 29, 2024. The Liquidating Trustee Shall File A Post-Confirmation Status Report With The Court Fourteen Days Prior To The Post-Confirmation Status Conference, Which Report Shall Include With It A Declaration Signed By Someone With Personal Knowledge Of The Facts Attested To Therein. (SEE ORDER FOR FURTHER RULING) (BNC-PDF) (Related Doc # 296) Signed on 2/12/2024 (NB8)). (Warshaw, Andy) (Entered: 07/18/2024)
Aug 12 434 Adversary case 8:24-ap-01105. Complaint by Plaintiff Clotee Downing against Defendants 2nd Chance Investment Group LLC, Rayshawn Andrew Foster, Sonja Foster, David M Goodrich, Does 1 - 100. Fee Amount $350 (Attachments: # 1 Adv Proceeding Cover Sheet) Nature of Suit: (51 (Revocation of confirmation)) (TS) (Entered: 08/12/2024)
Aug 21 435 Chapter 11 Post-Confirmation Report for the Quarter Ending: 06/30/2024 Filed by Debtor 2nd Chance Investment Group, LLC. (Goodrich, David) (Entered: 08/21/2024)
Oct 3 436 Status Report for Chapter 11 Status Conference Filed by Debtor 2nd Chance Investment Group, LLC. (Warshaw, Andy) (Entered: 10/03/2024)
Oct 14 437 Chapter 11 Post-Confirmation Report for the Quarter Ending: 09/30/2024 Filed by Debtor 2nd Chance Investment Group, LLC. (Goodrich, David) (Entered: 10/14/2024)

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Case Information

Court
California Central Bankruptcy Court
Case number
8:2022bk12142
Assets
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Liabilities
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Judge
Scott C Clarkson
Chapter
11
Filed
Dec 21, 2022
Type
voluntary
Updated
Dec 22, 2024
Last checked
Dec 16, 2024

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    Aaron Zistman
    Ally
    Ally Bank c/o AIS Portfolio Services, LLC
    American Express
    American Express National Bank
    ASB Ventures LLC
    David Guzman
    Del Toro Loan Servicing, Inc.
    Fabian & Kathy Lynn Martinez
    Fay Servicing
    FCI
    Felipe Gutierrez Jr.
    Franchise Tax Board
    Gregory Steven
    Hiten Ram Bhakta & Sajan Bhakta
    There are 38 more creditors. Subscribe now or purchase this single case to see the full creditors list.

    Parties

    Debtor

    2nd Chance Investment Group, LLC
    600 W. Santa Ana Blvd.
    PMB 5045
    Santa Ana, CA 92701
    ORANGE-CA
    Tax ID / EIN: xx-xxx6980

    Represented By

    Amanda G. Billyard
    Financial Relief Law Center
    1200 Main St. Suite C
    Irvine, CA 92614
    714-442-3349
    Email: abillyard@bwlawcenter.com
    David M Goodrich
    Golden Goodrich LLP
    3070 Bristol St
    Ste 640
    Costa Mesa, CA 92626
    714-445-1028
    Email: dgoodrich@go2.law
    Richard L. Sturdevant
    Financial Relief Law Center
    1200 Main St. Ste C
    Irvine, CA 92614
    714-442-3335
    Email: rich@bwlawcenter.com
    Andy C Warshaw
    Financial Relief Law Center, APC
    1200 Main Street
    Ste #C
    Irvine, CA 92614
    714-442-3319
    Fax : 714-361-5380
    Email: awarshaw@bwlawcenter.com

    U.S. Trustee

    United States Trustee (SA)
    411 W Fourth St., Suite 7160
    Santa Ana, CA 92701-4593
    (714) 338-3400

    Represented By

    Queenie K Ng
    411 West Fourth St.
    Suite 7160
    Santa Ana, CA 92701
    714-338-3403
    Fax : 714-338-3421
    Email: queenie.k.ng@usdoj.gov

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