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Receivership Website for Valley Mortgage Investors caught in Phil Lochmiller's ponzi scheme

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Receivership Website for Valley Mortgage Investors caught in Phil Lochmiller's ponzi scheme
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Receivership Website for Valley Mortgage Investors caught in Phil Lochmiller's ponzi scheme

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1

Distributions

http://www.valleymortgagereceivership.com/valley_011.htm

The VMI Liquidating Trust (successor to Valley Mortgage) made an interim distribution to creditors and investors in September of 2013. This distribution was a small one, approximately $73,000 in total. A creditor with an approved claim of $25,000 received an interim distribution of approximately $100. This interim distribution is not a final distribution and the Trustee anticipates that there will be one or more distributions after this first interim distribution. ACTIVITY, FORMS and DOCUMENTS.

2

Contact

http://www.valleymortgagereceivership.com/valley_008.htm

Rider and Quesenberry, LLP. 200 Grand Avenue, Suite 200. Grand Junction, CO 81501. ACTIVITY, FORMS and DOCUMENTS. TAX DEDUCTIONS, IRS ARTICLES.

3

Activity

http://www.valleymortgagereceivership.com/valley_003.htm

Claims Process and Forms. Reports and Other Documents. Click on one of the links below to view receivership files. May 29, 2009: Kirk Rider appointed as Receiver for Valley Investments. July 22, 2009: Receiver's preliminary 60 day report. July 24, 2009: First Teleconference with Investors (listen here). September 10, 2009: First Amended Complaint. September 24, 2009: Second Teleconference with Investors (listen here). October 30, 2009: Deadline for filing claims. September 2013: First Interim Distributio...

4

IRSInfo

http://www.valleymortgagereceivership.com/valley_009.htm

Many investors have asked the Receiver about the amounts and timing of tax deductions for the losses they have incurred. We cannot advise them in this area, because we are not accountants and because every taxpayer s situation is different. Below are two links to different but related articles by the IRS regarding tax information in the context of an illegal investment scheme. Http:/ www.irs.gov/irb/2009-14 IRB/ar11.html. Printer friendly version: PDF File IRS 2009-14IRB ar11.pdf.

5

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http://www.valleymortgagereceivership.com/index.html

On April 19, 2010 (the "Petition Date"), the Receiver caused the Debtor to file its voluntary petition for relief under Chapter 11 of title 11, U.S.C. (the "Bankruptcy Code"), in this Court (the "Bankruptcy Court"). The Receiver lodged a Notice of Bankruptcy Filing in the State Court Receivership on the Petition Date, thereby suspending and staying the State Court Receivership. ACTIVITY, FORMS and DOCUMENTS. TAX DEDUCTIONS, IRS ARTICLES.

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Rider-Quesenberry

http://www.rqlawllp.com/index.html

Welcome to our firm. 751 Horizon Court,. Grand Jct, CO 81506. Welcome to our firm. Whether your needs are in real estate, business transactions, oil and gas matters, intellectual property, or estate planning, we can help. With a combined total of more than 50 years of legal experience, we invite you to call on us for your legal needs. Click on the links at the bottom of this page to learn more about our areas of practice or about our attorneys, Kirk Rider, Lloyd Quesenberry and Brian Burns.

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On April 19, 2010 (the "Petition Date"), the Receiver caused the Debtor to file its voluntary petition for relief under Chapter 11 of title 11, U.S.C. (the "Bankruptcy Code"), in this Court (the "Bankruptcy Court"). The Receiver lodged a Notice of Bankruptcy Filing in the State Court Receivership on the Petition Date, thereby suspending and staying the State Court Receivership. ACTIVITY, FORMS and DOCUMENTS. TAX DEDUCTIONS, IRS ARTICLES.

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