(EMAILWIRE.COM, May 09, 2007 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 9 of NEW CENTURY BANKRUPTCY NEWS today. The 38-page newsletter contains stories with these headlines:


[00074] DEBTORS' MOTION TO SELL 2,000 MORTGAGE LOANS TO GREENWICH
[00075] DEBTORS' MOTION TO SELL LOAN ORIGINATION PLATFORM
[00076] DEBTORS CUT 2,000 JOBS AMID LACK OF BIDS FOR KEY ASSETS
[00077] DEBTORS' MOTION TO OBTAIN $150,000,000 OF DIP FINANCING
[00078] KPMG QUITS AS AUDITOR AS DEBTORS CHECK ACCOUNTING ERRORS
[00079] NCFC EXECS. BONUSES USED TO OVERSTATE INCOME, SAYS REPORT
[00080] DEBTORS' MOTION FOR MISCELLANEOUS ASSET SALES PROCEDURE
[00081] COMMITTEE'S MOTION TO LET MEMBERS TRADE FINANCIAL ASSETS
[00082] DEBTORS' APPLICATION TO EMPLOY APS AS CRISIS MANAGERS
[00083] DEBTORS' APPLICATION TO EMPLOY SMRH AS SPECIAL COUNSEL
[00084] DEBTORS' APPLICATION FOR HELLER EHRMAN AS SPECIAL COUNSEL
[00085] DEBTORS' APPLICATION FOR MPP AS SECURITIZATION COUNSEL
[00086] COMMITTEE'S APPLICATION TO HIRE HAHN & HESSEN AS COUNSEL
[00087] COMMITTEE'S APPLICATION TO HIRE BLANK ROME AS CO-COUNSEL
[00088] DEBTORS' APPLICATION FOR LAZARD AS FINANCIAL ADVISOR
[00089] DEBTORS' MOTION FOR PROTOCOL ON FORECLOSURE ACTIONS
[00090] DEBTORS' MOTION TO SELL ACCESS LENDING BUSINESS
[00091] DEUTSCHE BANK, ET AL.'S MOTIONS TO INITIATE FORECLOSURE
[00092] COMMITTEE'S MOTION TO CONDUCT RULE 2004 DISCOVERY
[00093] NEW CENTURY SHAREHOLDER WANTS EQUITY PANEL FORMED


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=NEW|CENTURY for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

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

How to Subscribe to NEW CENTURY BANKRUPTCY NEWS

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:
Banrkuptcy Creditors' Service, Inc.
Peter Chapman
Tel:
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