Court Enters Order Directing Any Party to File a Plan

On or about January 14, 2014, the Court entered an Order finding that the 120-day exclusivity period for the Debtor to file a Plan of Reorganization and Disclosure Statement concluded on December 5, 2013.  As a result, the Court ordered that the Debtor or any party in interest shall file a Plan and Disclosure Statement on or before February 13, 2014.  The Court further ordered that the failure to file a Plan and Disclosure Statement within the time allotted without extension will result in a Rule to Show Cause Hearing to determine why the Bankruptcy Case should not be converted to Chapter 7 and/or dismissed.  A hearing has been scheduled for February 27, 2014, at 10:00am in the Johnstown Bankruptcy Court, or via video conference from Pittsburgh.  In the event that a Plan and Disclosure Statement are timely filed, the Rule to Show Cause Hearing will be cancelled.