In recent days we have spoken to staff the bankruptcy court in Worcester Massachusetts (where the case was transferred) and we want to share some vital points that no one be deceived by some false reports that have been circulating in social networks:
1. In all legal documents recognizing TelexFREE and who were involved in the record business side as debtors (Debtors) and everyone who owes TelexFREE either employee, promoter or other such creditors (Creditors).
February. Creditor's meeting (Creditors) and KCC which is the company that is awaiting the judge's order to administer claims TelexFREE, which was scheduled for May 22, was suspended. This is because the case has been transferidow Court Nevada Bankruptcy Judge presiding honorable August B. Landis, the Massachusetts Bankruptcy Court presiding Judge Melvin S. Hoffman honorable, so it is necessary to wait a state conference of this case is made and decide whether the magistrate orders KCC to continue as the agent of the claims process as you can find in the link http://www.mab.uscourts.gov/ pdfdocuments / Telexfree/14- 40987msh.pdf
March. The new case number is 14-40987 TelexFREE (the principal). It is very important to have that number listed if they have to make a claim for your money.
4. The conference to talk the state of the case is scheduled for May 27 at 2:00 pm Eastern Time U.S. (EST), in room no. 3 Donohue Federal Building at 595 Main Street, Worcester, Massachusetts.
May. The right track and that gives the law to all concerned (Creditors) can claim your money they are owed is a form called a Proof of Claim (proof of claim) which is and can be downloaded from the Web page of the court. http://www.uscourts.gov/ uscourts / RulesAndPolicies / rules/BK_Forms_Current/B_010. pdf
6.'s Not necessary to fill out the Proof of Claim form (proof of claim) until the court determines whether the case will proceed in that court if further assess the possibility of allowing making use Chapter 11 as requested by debtors (Debtors) authorize or Chapter 7, which is what the SEC requests; and perhaps even the possibility that the case be sent to a civil court to be judged differently.
7. Chapter 11 involves restructuring authorizing the company debtors (Debtors) under the assistance of the KCC and monitoring of the court, so that the company would return to its operations with a new compensation plan . While Chapter 7 has to do with the closure and liquidation of the assets of the debtors (Debtors) retained by the SEC, thus not allowing to re-operate it. If any of these is given, then at a future meeting of the KCC representing debtors (Debtors) which would be expressed in the form of pay creditors (Creditors), ie all of us. There will be a 90-day period to be established by the honorable judge to send all the Proof of Claim form (proof of claim) if necessary.
8. If this case would give continuity in the bankruptcy court, either with options that result give either chapters (11 or 7), so if it will be necessary that all people who have been affected (Creditors ) fill your Proof of Claim form (proof of claim) as expressed in the bankruptcy law of the United States.
9. Should this form is completed, it is not necessary to hire an attorney to represent one in court, since just fill it, if the case falls, and you send it according to the procedure established for the orderly direction the court to consider her for returns of place when deciding how you will be paid to people who are owed (Creditors), as decided by the honorable judge is made.
. 10 The address that if the judge orders that the Proof of Claim form (proof of claim) to be sent duly filled, signed and with the required documents is:
TelexFREE Claims Processing
c / o Kurtzman Carson Consultants LLC
2335 Alaska Avenue
El Segundo, CA 90245
11. If the judge does not order KCC as claims processing agent then could provide another address in case they need to be sent the Proof of Claim form (proof of claim). So please do not rush to fill and send this now.
12. Only hiring a lawyer to represent you if this case send it to a civil court, taking the case out of bankruptcy court so we have a definition in this regard on May 27 would be needed. IMPORTANT: If sent to a court outside of the bankruptcy court, remember that it would be necessary to fill out the Proof of Claim form (proof of claim).
13. Everybody can fill out your own form and will soon provide free assistance to all those who wish to do so, while only hope the honorable judge's decision about whether you will need to see it or not. You can contact us at the email listed at the end of this document if you need assistance or have questions you should ask about it.
14.'re All in the right to claim our money, through the means established by the Court in this case the only thing that talks is the Proof of Claim form (proof of claim). In any document the court orders that the form of the SEC or an email is sent to the courts of the United States against the company TelexFREE (Debtors) is full. These are not rules set by the bankruptcy law to claim what they owe us. Rather these are means that are designed to make direct accusations and legal basis for having to close down TelexFREE. Simply that they are looking to have documentation in hand to operate against TelexFREE (Debtors). Everyone is free to fill what he wishes and please, at your own risk.
15. Nowhere court document states that make formal complaints in the prosecution of our countries of origin guarantees that the money will be returned to affected (Creditors). This is something that everyone also has the freedom to do the same way at your own risk.
16. If we see that May 27 will be necessary to fill the Proof of Claim form (proof of claim) then provide hereby send our contacts and a list of documents to be added to show that the money is owed and which is a creditor TelexFREE (CREDITOR). We will also send an additional form that we have created to attach to it, which gives more weight to the time to show our relationship with TelexFREE as creditors (Creditors).
17. There are two types of claims in the same Proof of Claim form (proof of claim), the insured item 4 and item 5 uninsured. The 4 is equivalent to the unrecovered investment and 5 who recovered the investment and want to recover commissions they had in the BackOffice. Both claims can be made if necessary but would be given priority to point 4, the insured. Whoever wants to can claim both on the same form.
18. A few people have expressed to him that the SEC TelexFREE withheld about 3,000 million dollars and that's a lie. Are only 100 million on one hand and taking away what they have venidod promoters and managers are more like 100 million, 100 million and you sumándoles peak is in Brazil which are making efforts to be transferred to the USA.
19. Do not give a percentage (%) of earnings to any lawyer or sign him powers as to the claims that could be made, as should the claims process is done and go to pay creditors (Creditors ) this will be done by bank transfer or sending checks as determined by the court. BE CAREFUL WITH WHAT YOU SIGN!
20. With pain in our hearts we feel obliged to inform the relatives of those who were promoters Telexfree and unfortunately have died or may have taken his own life, are entitled to make claims to place them return the money to his family joined the company and took account (s). This is the part that saddens us more, but we can not stop the moment.
21. Finally we inform you that we have granted us access to the court to be able to connect to the conference where the honorable judge will discuss the status of the case on May 27, so we can hear it live and direct. We are looking at how we can deliver this audio to a video conferencing room for those who want access to it.
If the case were warranted, soon means for you to follow to assist in a more direct way to affected (Creditors) on the proper procedure and by country, so as to avoid being confused with so many false and unofficial information that is shared on the be provided social networks and other media, apart from to avoid being deceived by lawyers who are misinforming to get dishonest gain. This may also have a clear mind in the midst of this whirlwind of confusion and contradictions with which we often find.
Anyone interested in being assisted in the claims process and to be sent to official information, please send your name, email, phone number, city and country, along with any questions they may have asistenciatelexfree@gmail.com
Now this is not to give false hope to anyone saying they get their money and / or TelexFREE again, we are not saying otherwise. What I do want is documentarles while empowering them with the appropriate information according to law, so that together we make the attempt to reclaim the corresponding means and possibly recover what belongs to us and it is up.
want the best of the best for everyone about the process and Telexfree facing the truth as best for most is what's good and what we pray for the good of all concerned (Creditors).
We will continue investigating and documentándonos to pass information from official sources only others affected (Creditors).
Please send this information to others affected (Creditors) with whom they have contact.
Thank you very much for taking the time to read this.
In short, the first money to those who did not recover and then be returned to those who had something already in the backoffice if recovered, all in the case TelexFREE lost her mind
And now of course we must not make any claim
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