All Co-op owners should have received a “Notice of Bankruptcy” via US Postal Mail within the last several weeks. (A copy is attached below, in case you haven’t seen it.) This document was sent from the Bankruptcy Trustee and contains important information about the process, including how to file a claim against the Co-op’s assets.
One important part of the notice is the announcement of the “Meeting of Creditors”. This is a meeting where a representative of the Co-op (Mike Johnston) will be available to answer questions. You are NOT REQUIRED to attend this meeting – it is strictly optional.
The Notice of Bankruptcy states that this meeting will be held on Tuesday, February 12, 2019. THIS DATE IS NO LONGER CORRECT.
At the time we filed for bankruptcy, we notified our attorney and through her, the Trustee, that Mike could not be available on that date. But court rules required that the meeting be scheduled on the first available date. That date, February 12, was published in the Notice of Bankruptcy.
The meeting will be rescheduled for Tuesday, February 26, 2019 (two weeks later), but no further notices will be sent from the court. We did not want anyone to drive to Indianapolis on February 12, only to learn that the meeting is rescheduled, so we agreed with our attorney that we would publish this announcement.
At this moment, we do not know the exact time of the rescheduled meeting. That will be set on February 12. We will publish a follow up note shortly thereafter with the exact time. Please check back here after February 12 for an update.
Former Co-op Board President