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

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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.