Stearns Holdings, LLC – Mortgage Services Provider Emerges from Bankruptcy Minus $150mn in Debt and as Part of Blackstone Group

November 5, 2019 – The Debtors notified the Court that their Amended Joint Chapter 11 Plan of Reorganization had become effective as of November 5, 2019. [Docket No. 447] The Plan was confirmed on October 24, 2019 [Docket No. 432].  On July 9, 2019, Stearns Holdings, LLC and six affiliated Debtors (together, “Stearns” or the…