Home-Link files Chapter 11

November 22, 2002

Petition arrived at Clerk's Office this morning


Inman News Features

Shelton, Conn.-based Home-Link Services has filed a Chapter 11 bankruptcy petition, Inman News has learned.

The petition was filed this morning, according to the Clerk's Office of the Bankruptcy Court in New Haven, Conn.

Home-Link helps real estate brokers set up services that coordinate such home-related products and services as moving van lines, utilities, telephone and cable hookups and disconnects, security systems, painting and landscaping services and newspaper delivery. Home-Link's personal move coordinators contact brokerage clients and manage home-related requests before, during and after the move. The coordinator is the link between the client and Home-Link's selection of national, regional and local suppliers, according to the company.

Home-Link has raised $46.6 million in three funding rounds: $12.5 million in late 1999, $25 million in September 2000 and $9.1 million in March of this year, according to company announcements.

Copyright: Inman News Service


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.