(EMAILWIRE.COM, May 15, 2008 ) FAIRLESS HILLS, Pa. -- May 15, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 40 of NEW CENTURY BANKRUPTCY NEWS today. The 18-page newsletter contains stories with these headlines:


[00565] DCP CLAIMANTS BUCK PLAN; PROPONENTS PUSH FOR CONFIRMATION
[00566] DEBTORS' MOTION TO APPROVE LEASE SETTLEMENT WITH GECC
[00567] DEBTORS' MOTION FOR MISCELLANEOUS ASSET SALES PROCEDURE
[00568] DEBTORS' MOTION TO ASSUME MODIFIED AT&T AGREEMENT
[00569] DEBTORS' 9TH OMNIBUS OBJECTION TO CLAIMS
[00570] DEBTORS' 14TH OMNIBUS OBJECTION TO CLAIMS
[00571] DEBTORS' 16TH OMNIBUS OBJECTION TO CLAIMS
[00572] DEBTORS' 18TH OMNIBUS OBJECTION TO CLAIMS
[00573] DEBTORS' 19TH OMNIBUS OBJECTION TO CLAIMS
[00574] DEBTORS' 20TH OMNIBUS OBJECTION TO CLAIMS
[00575] DEBTORS' 21ST OMNIBUS OBJECTION TO CLAIMS
[00576] SENIOR LIENHOLDERS' MOTIONS TO FORECLOSE ON MORTGAGES
[00577] SUNTRUST'S MOTION TO LIFT STAY TO FORECLOSE PROPERTY
[00578] RUBIO, ET AL.'S MOTION TO PURSUE CLAIM FOR OVERTIME PAY
[00579] STIPULATION GRANTING STAY RELIEF TO INSURED PERSONS
[00580] STIPULATION RESOLVING KST DATA'S RECLAMATION CLAIM
[00581] STIPULATION ON MORTGAGE ELECTRONIC MEMBERSHIP AGREEMENT
[00582] STIPULATION RESOLVING MAGUIRE PROPERTIES CLAIMS
[00583] STIPULATION RESOLVING FALLS OF THE NEUSE CLAIM
[00584] STIPULATION RESOLVING MRI SPRINGS CLAIM
[00585] DEBTORS' APPLICATION TO TAP ASK AS SPECIAL CLAIMS AGENT
[00586] DEBTORS' APPLICATION TO HIRE HOWREY AS SPECIAL COUNSEL
[00587] DEBTORS' APPLICATION TO EMPLOY ICP AS SPECIAL ADVISORS
[00588] DEBTORS' APPLICATION TO HIRE ERNST & YOUNG AS TAX ADVISOR
[00589] DEBTORS' APPLICATION FOR GRANT THORNTON AS TAX ACCOUNTANT
[00590] RULE 2019 STATEMENTS -- Dorsey & Whitney LLP


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NEW CENTURY BANKRUPTCY NEWS tracks the restructuring of New Century Financial Corp.

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NEW CENTURY BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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Contact Information:
Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
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