On November 7, 2020 (the "Petition Date"), Cred Inc. and four affiliated debtors (together, the "Debtors") filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code. The Debtors' bankruptcy cases are jointly administered under case no. 20-12836 and are pending before the Honorable Karen B. Owens in the United States Bankruptcy Court for the District of Delaware.

Please review the Frequently Asked Questions HERE.

You can access the Liquidation Trust information request website at https://www.credtrustcp.com.

Debtors

Case No. Debtor Name
20-12836 Cred Inc.
20-12837 Cred (US) LLC
20-12838 Cred Capital, Inc.
20-12839 Cred Merchant Solutions LLC
20-12840 Cred (Puerto Rico) LLC

Dates

Effective Date April 19, 2021

Election Deadline [Extended] May 14, 2025 (11:59 PM PT)

Distribution Materials Deadline August 15, 2025 (11:59 PM PT)

Creditor Communications

On January 3, 2023, the Cred Inc. Liquidation Trust filed a proof of claim in Celsius Network LLC's chapter 11 cases. The proof of claim can be viewed here.

 

Letter to Creditors - December 24, 2020

Committee Support Letter

Trustee Letter to Creditors

Trustee Letter to Creditors - June 22, 2021

Cred - Trust Letter to Creditors 9.22.2021

Cred - Trust Letter to Creditors [6.17.24]

Article - July 6, 2023

Article - May 3, 2024

Article - May 3, 2024

Meeting of Creditors

Pursuant to section 341 of the Bankruptcy Code, the Meeting of Creditors was held on December 17, 2020 at 2:00 PM (EST) via Teleconference.

Professionals

Counsel for the Liquidating Trustee McDermott Will & Schulte LLP

Court Information

United States Bankruptcy Court
District of Delaware
824 Market Street North, 3rd Floor
Wilmington, DE 19801
302.252.2900