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Fair Finance Company Bankruptcy Case

Fair Finance Company

Sale Process

Case No. 10-50494·Ohio Northern·Petition date Feb 8, 2010

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OverviewProfessionals

Key professionals

Claims and Noticing Agent

Verita Global

Real Estate Professional

Coldwell Banker

Real Estate Professional

Coldwell Banker American Dream Realty

Valuation / Appraiser

Berkshire Hathaway Home Services

Judge: Pat E. Morgenstern-Clarren
Industry: Financial Services

Fair Finance Company is an Ohio-based consumer finance company headquartered in Akron, Ohio, operating approximately eight branch locations across Northeast Ohio under the trade name Fair Financial Services. Founded in 1934, the company sold investment certificates exclusively to Ohio residents and deployed the proceeds as consumer and commercial loans. Acquired in 2002 by Indiana businessmen Timothy Durham and James Cochran through parent entity Fair Holdings, LLC, the company reported approximately $220 million in total loan receivables as of September 2009.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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