Fill in this information to identify your case:

United States Bankruptcy Court for the:

EASTERN DISTRICT OF VIRGINIA

Case number (if known) Chapter 7

 Check if this an

amended filing

Official Form 201

Voluntary Petition for Non-Individuals Filing for Bankruptcy 4/16

If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor's name and case number (if known).

For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.

1. Debtor's name Delta Education Systems, Inc.

2. All other names debtor

used in the last 8 years

Include any assumed

names, trade names and

doing business as names

DBA Delta Educational Services, Inc.

3. Debtor's federal

Employer Identification

Number (EIN)

54-1859702

4. Debtor's address Principal place of business Mailing address, if different from principal place of

business

P.O. Box 1197

Richmond, VA 23218-1197

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Number, Street, City, State & ZIP Code P.O. Box, Number, Street, City, State & ZIP Code

Richmond City Location of principal assets, if different from principal

County place of business

Number, Street, City, State & ZIP Code

5. Debtor's website (URL) www.deltaed.com

6. Type of debtor  Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))

 Partnership (excluding LLP)

 Other. Specify:

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1

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Debtor Delta Education Systems, Inc. Case number (if known)

Name

7. Describe debtor's business A. Check one:

 Health Care Business (as defined in 11 U.S.C. § 101(27A))

 Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))

 Railroad (as defined in 11 U.S.C. § 101(44))

 Stockbroker (as defined in 11 U.S.C. § 101(53A))

 Commodity Broker (as defined in 11 U.S.C. § 101(6))

 Clearing Bank (as defined in 11 U.S.C. § 781(3))

 None of the above

B. Check all that apply

 Tax-exempt entity (as described in 26 U.S.C. §501)

 Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C. §80a-3)

 Investment advisor (as defined in 15 U.S.C. §80b-2(a)(11))

C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor.

See http://www.uscourts.gov/four-digit-national-association-naics-codes.

6113

8. Under which chapter of the

Bankruptcy Code is the

debtor filing?

Check one:

 Chapter 7

 Chapter 9

 Chapter 11. Check all that apply:

 Debtor's aggregate noncontingent liquidated debts (excluding debts owed to insiders or affiliates)

are less than $2,566,050 (amount subject to adjustment on 4/01/19 and every 3 years after that).

 The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D). If the debtor is a small

business debtor, attach the most recent balance sheet, statement of operations, cash-flow

statement, and federal income tax return or if all of these documents do not exist, follow the

procedure in 11 U.S.C. § 1116(1)(B).

 A plan is being filed with this petition.

 Acceptances of the plan were solicited prepetition from one or more classes of creditors, in

accordance with 11 U.S.C. § 1126(b).

 The debtor is required to file periodic reports (for example, 10K and 10Q) with the Securities and

Exchange Commission according to § 13 or 15(d) of the Securities Exchange Act of 1934. File the

attachment to Voluntary Petition for Non-Individuals Filing for Bankruptcy under Chapter 11

(Official Form 201A) with this form.

 The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule 12b-2.

 Chapter 12

9. Were prior bankruptcy

cases filed by or against

the debtor within the last 8

years?

 No.

 Yes.

If more than 2 cases, attach a

separate list. District When Case number

District When Case number

10. Are any bankruptcy cases

pending or being filed by a

business partner or an

affiliate of the debtor?

 No

 Yes.

List all cases. If more than 1,

attach a separate list Debtor see Petition Exhibit 1 Relationship

District When Case number, if known

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2

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Debtor Delta Education Systems, Inc. Case number (if known)

Name

11. Why is the case filed in

this district?

Check all that apply:

 Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days immediately

preceding the date of this petition or for a longer part of such 180 days than in any other district.

 A bankruptcy case concerning debtor's affiliate, general partner, or partnership is pending in this district.

12. Does the debtor own or

have possession of any

real property or personal

property that needs

immediate attention?

 No

 Yes. Answer below for each property that needs immediate attention. Attach additional sheets if needed.

Why does the property need immediate attention? (Check all that apply.)

 It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.

What is the hazard?

 It needs to be physically secured or protected from the weather.

 It includes perishable goods or assets that could quickly deteriorate or lose value without attention (for example,

livestock, seasonal goods, meat, dairy, produce, or securities-related assets or other options).

 Other

Where is the property?

Number, Street, City, State & ZIP Code

Is the property insured?

 No

 Yes. Insurance agency

Contact name

Phone

Statistical and administrative information

13. Debtor's estimation of

available funds

. Check one:

 Funds will be available for distribution to unsecured creditors.

 After any administrative expenses are paid, no funds will be available to unsecured creditors.

14. Estimated number of

creditors

 1-49

 50-99

 100-199

 200-999

 1,000-5,000

 5001-10,000

 10,001-25,000

 25,001-50,000

 50,001-100,000

 More than100,000

15. Estimated Assets  $0 - $50,000

 $50,001 - $100,000

 $100,001 - $500,000

 $500,001 - $1 million

 $1,000,001 - $10 million

 $10,000,001 - $50 million

 $50,000,001 - $100 million

 $100,000,001 - $500 million

 $500,000,001 - $1 billion

 $1,000,000,001 - $10 billion

 $10,000,000,001 - $50 billion

 More than $50 billion

16. Estimated liabilities  $0 - $50,000

 $50,001 - $100,000

 $100,001 - $500,000

 $500,001 - $1 million

 $1,000,001 - $10 million

 $10,000,001 - $50 million

 $50,000,001 - $100 million

 $100,000,001 - $500 million

 $500,000,001 - $1 billion

 $1,000,000,001 - $10 billion

 $10,000,000,001 - $50 billion

 More than $50 billion

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3

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Debtor Delta Education Systems, Inc. Case number (if known)

Name

Request for Relief, Declaration, and Signatures

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement in connection with a bankruptcy case can result in fines up to $500,000 or

imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.

17. Declaration and signature

of authorized

representative of debtor

The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition.

I have been authorized to file this petition on behalf of the debtor.

I have examined the information in this petition and have a reasonable belief that the information is trued and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on

MM / DD / YYYY

X Martina Hansen

Signature of authorized representative of debtor Printed name

Title CEO Delta Education Systems, Inc.

18. Signature of attorney X Date

Signature of attorney for debtor MM / DD / YYYY

Peter J. Barrett 46179

Printed name

Kutak Rock LLP

Firm name

901 East Byrd Street

Suite 1000

Richmond, VA 23219

Number, Street, City, State & ZIP Code

Contact phone 804-644-1700 Email address peter.barrett@kutakrock.com

46179 VA

Bar number and State

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 4

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Petition Exhibit 1 

Corporation EIN Court 

Delta Career Education Corporation 75-3135135 USBC Eastern District of Virginia, 

Richmond Division 

Delta Educational Systems, Inc. 54-1859702 USBC Eastern District of Virginia, 

Richmond Division 

Academy of Court Reporting, Inc. 34-1083484 USBC Eastern District of Virginia, 

Richmond Division 

Atlantic Coast Colleges, Inc. 54-1404068 USBC Eastern District of Virginia, 

Richmond Division 

Berks Technical Institute, Inc. 36-4359439 USBC Eastern District of Virginia, 

Richmond Division 

Creative Circus, Inc. 20-0001026 USBC Eastern District of Virginia, 

Richmond Division 

McCann Education Centers, Inc. 23-2192761 USBC Eastern District of Virginia, 

Richmond Division 

McCann School of Business and 

Technology, Inc. 

72-1132608 USBC Eastern District of Virginia, 

Richmond Division 

Miller-Motte Business College, Inc. 56-1251751 USBC Eastern District of Virginia, 

Richmond Division 

National Career Education, Inc. 94-2963855 USBC Eastern District of Virginia, 

Richmond Division 

Palmetto Technical College, Inc. 54-2006130 USBC Eastern District of Virginia, 

Richmond Division 

Piedmont Business College, Inc. 56-1554202 USBC Eastern District of Virginia, 

Richmond Division 

Southwest Business Colleges, Inc. 84-0743438 USBC Eastern District of Virginia, 

Richmond Division 

The Miami-Jacobs Business College 

Company 

31-0558736 USBC Eastern District of Virginia, 

Richmond Division 

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4811-7091-2358.2 

IN THE UNITED STATES BANKRUPTCY COURT 

FOR THE EASTERN DISTRICT OF VIRGINIA 

RICHMOND DIVISION 

) 

In re: ) Chapter 7 

) 

DELTA CAREER EDUCATION ) Case No. 18-_____ (___) 

CORPORATION, et al.,

1

) 

) Joint Administration Requested 

Debtor. ) 

) 

GLOBAL NOTES AND 

STATEMENT OF LIMITATIONS, METHODOLOGY, 

AND DISCLAIMERS REGARDING THE DEBTORS’ SCHEDULES 

OF ASSETS AND LIABILITIES AND STATEMENTS OF FINANCIAL AFFAIRS 

Delta Career Education Corporation and certain of its subsidiaries and affiliates 

(collectively, the “Debtors”), have filed their Schedules of Assets and Liabilities (the “Schedules”) 

and Statements of Financial Affairs (the “Statements”) in the United States Bankruptcy Court for 

the Eastern District of Virginia (the “Bankruptcy Court”). The Debtors, with the assistance of 

their legal advisors, prepared the Schedules and Statements in accordance with section 521 of title 

11 of the United States Code (the “Bankruptcy Code”) and Rule 1007 of the Federal Rules of 

Bankruptcy Procedure. 

Martina Hansen has signed the Schedules and Statements. Ms. Hansen serves as the Chief 

Executive Officer of each of the Debtors, is the Debtors’ representative in bankruptcy and is 

authorized to sign on behalf of the Debtors. In reviewing and signing the Schedules and 

Statements, Ms. Hansen has necessarily relied upon the efforts, statements, advice, and 

representations of personnel of the Debtors and the Debtors’ legal advisors. 

In preparing the Schedules and Statements, the Debtors relied on financial data derived 

from their books and records that was available at the time of such preparation. Although the 

Debtors have made every reasonable effort to ensure the accuracy and completeness of the 

Schedules and Statements, subsequent information or discovery may result in material changes to 

the Schedules and Statements. As a result, inadvertent errors or omissions may exist. Accordingly, 

the Debtors and their directors, officers, agents and advisors do not guarantee or warrant the 

1 The Debtors in these chapter 7 cases, along with the last four digits of each Debtor’s federal tax identification 

number, include Delta Career Education Corporation (5135); Delta Educational Systems, Inc. (9702); National 

Career Education, Inc. (3855); Southwest Business Colleges, Inc. (3438); Creative Circus, Inc. (1026); Atlantic 

Coast Colleges, Inc. (4068); McCann Education Centers, Inc. (2761); Berks Technical Institute, Inc. (9439); 

McCann School of Business and Technology (2608); Miller-Motte Business College, Inc. (1751); Palmetto 

Technical College, Inc. (6130); Piedmont Business Colleges, Inc. (4202); Academy of Court Reporting, Inc. 

(3484); and The Miami-Jacobs Business College Company (9487). 

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2 

4811-7091-2358.2 

accuracy or completeness of the data that is provided in the Schedules and Statements and shall 

not be liable for any loss or injury arising out of, or caused in whole or in part by, the acts, errors, 

or omissions, whether negligent or otherwise, in procuring, compiling, collecting, interpreting, 

reporting, communicating, or delivering the information contained in the Schedules and 

Statements. 

For the avoidance of doubt, the Debtors and their agents and advisors hereby reserve their 

rights to amend and supplement the Schedules and Statements as may be necessary or appropriate, 

but expressly do not undertake any obligation to update, modify, revise, or re-categorize the 

information provided in the Schedules and Statements or to notify any third party should the 

information be updated, modified, revised, or re-categorized, except as required by applicable law. 

In no event shall the Debtors or their directors, officers, agents, attorneys, and financial 

advisors be liable to any third party for any direct, indirect, incidental, consequential, or special 

damages (including, but not limited to, damages arising from the disallowance of a potential claim 

against the Debtors or damages to business reputation, lost business, or lost profits), whether 

foreseeable or not and however caused, even if the Debtors or their directors, officers, agents, 

attorneys, and financial advisors are advised of the possibility of such damages. 

Global Notes and Overview of Methodology 

1. Description of Case. On July 26 and 27, 2018 (the “Petition Date”), the Debtors filed 

voluntary petitions for relief under chapter 7 of the Bankruptcy Code. Each Debtor has 

filed its own Schedules and Statements. The information provided in the Schedules and 

Statements, except as otherwise noted, is reported as of the Petition Date. A corporate 

organizational chart is appended to these global notes (the “Global Notes”). Delta Career 

Education Corporation and Delta Educational Systems, Inc. serve as holding companies 

for the other twelve debtors. 

2. Global Notes Control. These Global Notes pertain to and comprise an integral part of 

each of the Debtors’ Schedules and Statements and should be referenced in connection 

with any review thereof. In the event that the Schedules and Statements conflict with the 

Global Notes, the Global Notes shall control. 

3. Reservations and Limitations. Reasonable efforts have been made to prepare and file 

complete and accurate Schedules and Statements. However, as noted above, inadvertent 

errors or omissions may exist. The Debtors reserve all rights to amend and supplement the 

Schedules and Statements as may be necessary or appropriate but do not undertake any 

obligation to do so, except as required by applicable law. Nothing contained in the 

Schedules and Statements constitutes a waiver of any of the Debtors’ rights or an admission 

of any kind with respect to these chapter 7 cases. Any specific reservation of rights 

contained elsewhere in these Global Notes does not limit in any respect the general 

reservation of rights contained in this paragraph. 

(a) No Admission. Nothing contained in the Schedules and Statements or the Global 

Notes is intended to be or should be construed as an admission or stipulation of the 

validity of any claim against the Debtors or any assertion made.

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3 

4811-7091-2358.2 

(b) Recharacterization and Classifications. Notwithstanding that the Debtors have 

made reasonable efforts to correctly characterize, classify, categorize, or designate 

certain claims, assets, executory contracts, unexpired leases, and other items 

reported in the Schedules and Statements, the Debtors nonetheless may have 

improperly characterized, classified, categorized, or designated certain items. The 

Debtors thus reserve all rights to recharacterize, reclassify, recategorize, or 

redesignate items reported in the Schedules and Statements at a later time as is 

necessary and appropriate.

For the avoidance of doubt, listing (i) a claim on Schedule D as “secured,” (ii) a 

claim on Schedule E/F as “priority” or “unsecured,” or (iii) a contract on 

Schedule G as “executory” or “unexpired” does not constitute an admission by the 

Debtors of the legal rights of the claimant or contract counterparty or a waiver of 

any rights to recharacterize or reclassify such claim or contract.

(c) Claims Description. Any failure to designate a claim on a given Debtor’s 

Schedules and Statements as “disputed,” “contingent,” or “unliquidated” does not 

constitute an admission by such Debtor that such amount is not “disputed,” 

“contingent,” or “unliquidated.” Moreover, listing a claim does not constitute an 

admission of liability by the Debtors. The Debtors reserve all rights to amend their 

Schedules and Statements as necessary and appropriate, including, but not limited 

to, with respect to claim description and designation. 

(d) Estimates and Assumptions. The preparation of the Schedules and Statements 

required the Debtors to make reasonable estimates and assumptions with respect to 

the reported amounts, including but not limited to amounts of assets and liabilities, 

the amount of contingent assets and contingent liabilities on the date of filing the 

Schedules and Statements, and the reported amounts of revenues and expenses 

during the applicable reporting periods. Actual results could differ materially from 

such estimates.

(e) Causes of Action. Despite reasonable efforts, the Debtors may not have identified 

and/or set forth all of their causes of action (filed or potential) against third parties 

as assets in their Schedules and Statements, including, without limitation, 

avoidance actions arising under chapter 5 of the Bankruptcy Code and actions under 

other relevant bankruptcy and non-bankruptcy laws to recover assets. Nothing in 

these Global Notes or the Schedules and Statements should be construed as a waiver 

of any such causes of action. 

(f) Intellectual Property Rights. Exclusion of any intellectual property should not 

be construed as an admission that such intellectual property rights have been

abandoned, terminated, or otherwise expired by their terms, or assigned or 

otherwise transferred pursuant to a sale, acquisition, or other transaction. 

Conversely, inclusion of certain intellectual property should not be construed as an 

admission that such intellectual property rights have not been abandoned, 

terminated, or otherwise expired by their terms, or assigned or otherwise transferred 

pursuant to a sale, acquisition, or other transaction. 

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(g) Employees. All employees were employed and paid by Delta Career Education 

Corporation. 

4. Transaction. On January 18, 2018, STVT-AAI Education, Inc. (d/b/a Ancora Education) 

acquired certain assets from the Debtors, including campuses operating under the names 

of Berks Technical Institute, McCann School of Business and Technology, Miller-Motte 

College, Miller Motte Technical College and Creative Circus as well as certain campuses 

that offered professional truck driver training under the name of International Schools (the 

“Transaction”).2 Following the closing of the Transaction, the Debtors began the winddown of their remaining assets, which wind-down has now been completed. In connection 

with the wind down, the Debtors closed all remaining leased locations and, except as 

specifically set forth in the Schedules and Statements, disposed of the remaining assets 

located at such leased locations, primarily by donating those assets to local schools or 

charities such as Goodwill. Where donation was unavailable or impractical, certain assets 

were disposed of as waste. A very small number of items were sold. In those instances 

where a sale was conducted, the funds received were deposited into the Debtors’ bank 

accounts. As part of the wind down, the Debtors ceased business operations and, as of the 

Petition Date, the Debtors have no office locations. The Alexandria, Virginia mailing 

address noted on the petitions and in the Schedules and Statements is not an office or 

location of the Debtors but is a mail box at The UPS Store in Alexandria, Virginia used by 

the Debtors to receive mail. In addition, the Debtors’ registered agents for service of 

process have resigned or were terminated following the Transaction, thereby implicating 

Va. Code § 12.1-19.1. 

5. Methodology.Basis of Presentation. The Schedules and Statements do not purport to 

represent financial statements prepared in accordance with Generally Accepted 

Accounting Principles in the United States (“GAAP”) nor are they intended to be fully 

reconciled to the financial statements of the Debtors. The Schedules and Statements 

contain unaudited information that is subject to further review and potential adjustment. 

The Schedules and Statements reflect the Debtors’ reasonable efforts to report the assets 

and liabilities of the Debtors on an unconsolidated basis.

(b) Duplication. Certain of the Debtors’ assets, liabilities, and prepetition payments 

may properly be disclosed in response to multiple parts of the Statements and 

Schedules. To the extent these disclosures would be duplicative, the Debtors have 

determined to only list such assets, liabilities, and prepetition payments once.

(c) Net Book Value. Current market valuations for individual items of property and 

other assets are neither maintained by, nor readily available to, the Debtors. 

Accordingly, unless otherwise indicated, the Debtors’ Schedules and Statements 

reflect net book values as of June, 2018. Market values may vary—at some times 

materially—from net book values. Assets that have been fully depreciated or that 

were expensed for accounting purposes either do not appear in these Schedules and 

Statements or are listed with a zero-dollar value, as such assets have no net book 

2 The Amended and Restated Asset Purchase Agreement executed in connection with the Transaction and related 

documents are available for inspection by the Chapter 7 Trustee. 

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4811-7091-2358.2 

value. The omission of an asset from the Schedules and Statements does not 

constitute a representation regarding the ownership of such asset and any such 

omission does not constitute a waiver of any rights with respect to such asset.

(d) Property and Equipment. Unless otherwise indicated, owned property and 

equipment are valued at net book value. Nothing in the Schedules and Statements 

is, or should be construed as, an admission as to the determination of the legal status 

of any lease (including whether any lease is a true lease or a financing arrangement).

(e) Unknown Amounts. The description of an amount as “unknown” is not intended 

to reflect upon the materiality of such amount. 

(f) Totals. All totals that are included in the Schedules and Statements represent totals 

of all known amounts. To the extent there are unknown or undetermined amounts, 

the actual total may be different than the listed total.

(g) Credits and Adjustments. The claims of individual creditors are listed as the 

amounts entered on the Debtors’ books and records and may not reflect credits or 

other adjustments due from such creditors to the Debtors.

(h) Intercompany Claims. Following the Transaction, the Debtors’ books and records 

have not been fully updated and reconciled. Intercompany claims, which may be 

debt or equity, in some instances are not reported on Statement 4, Schedule A/B, 

and Schedule E/F because such intercompany claims are not evident per the 

Debtors’ books and records. 

(i) Guarantees and Other Secondary Liability Claims. The Debtors have exercised 

reasonable efforts to locate and identify guarantees in their executory contracts, 

unexpired leases, financings, and other such agreements. The Debtors may have 

inadvertently omitted guarantees embedded in their contractual agreements and 

may identify additional guarantees as they continue to review their books and 

records and contractual agreements. The Debtors reserve their right, but are not 

required, to amend the Schedules and Statements if additional guarantees are 

identified.

(j) Excluded Assets and Liabilities. The Debtors have excluded certain categories of 

assets and liabilities from the Schedules and Statements, including, but not limited 

to: certain deferred charges, accounts, or reserves recorded only for purposes of 

complying with the requirements of GAAP; deferred revenue accounts; and certain 

accrued liabilities. Other immaterial assets and liabilities may also have been 

excluded.

(k) Liens. The property and equipment listed in the Schedules and Statements are 

presented without consideration of any liens.

(l) Setoffs. The Debtors may have incurred setoffs and net payments in the ordinary 

course of business. Such setoffs and nettings may occur due to a variety of 

transactions or disputes. Although such setoffs and other similar rights may have 

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4811-7091-2358.2 

been accounted for when scheduling certain amounts, these setoffs are not 

independently accounted for and, as such, are or may be excluded from the Debtors’ 

Schedules and Statements. In addition, some amounts listed in the Schedules and 

Statements may have been affected by setoffs or nettings by third parties of which 

the Debtors are not yet aware. 

6. Specific Schedules Disclosures. 

(a) Schedule A/B, Parts 1 and 2 – Cash and Cash Equivalents; Deposits and 

Prepayments. The Debtors’ cash balances are listed as of the Petition Date. 

(b) Schedule A/B, Part 4 – Investments; Non-Publicly Traded Stock and Interests 

in Incorporated and Unincorporated Businesses, including any Interest in an 

LLC, Partnership, or Joint Venture. Ownership interests in subsidiaries have 

been listed in Schedule A/B, Part 4, as $0 because those subsidiaries have also filed 

voluntary petitions under chapter 7 of the Bankruptcy Code.

(c) Schedule A/B, Part 7 – Office Furniture, Fixtures and Equipment; and 

Collectibles. See Note No. 4 above.

(d) Schedule A/B, Part 9 – Real Property. Following the Transaction, the Debtors 

moved out of their leased locations and returned such locations to their respective 

landlords. A list of the Debtors’ prior leased locations is available for inspection.

(e) Schedule A/B, Part 10 – Intangibles and Intellectual Property. The Debtors 

have retained certain student records in the ordinary course of business subject to a 

privacy policy and document retention protocol.

(f) Schedule A/B, Part 11 – All Other Assets. Dollar amounts are presented net of 

impairments and other adjustments.

Other Contingent and Unliquidated Claims or Causes of Action of Every Nature, 

including Counterclaims of the Debtors and Rights to Setoff Claims. In the 

ordinary course of business, the Debtors may have accrued certain rights to counterclaims, cross-claims, setoffs, and refunds with third-parties. Because certain of 

these claims are unknown to the Debtors and not quantifiable as of the Petition 

Date, they may not be listed on Schedule A/B, Part 11.

Interests in Insurance Policies or Annuities. A list of the Debtors’ insurance 

policies and related information is available to the Trustee, creditors or other parties 

in interest. The Debtors believe there is little or no cash value to the vast majority 

of such insurance policies. 

Tax Refunds and Unused Net Operating Losses (NOLs). Because the Debtors’ 

federal returns are filed on a consolidated basis, the federal NOL is only reported 

on the Schedules of Delta Career Education Corporation. In addition, the Debtors, 

in the ordinary course of business, have used refunds from one tax year to pre-pay 

certain taxes, such as franchise taxes, for the following year. These prepayments 

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4811-7091-2358.2 

may result, once the tax returns for fiscal year 2017 are completed, in one or more 

refunds in undetermined amounts. 

Other Property of any Kind Not Already Listed. The Debtors have an interest 

under (i) that certain Commercial Surety General Indemnity Agreement, dated 

September 9, 2013, between RLI Corp. and the Debtors, and (ii) that certain 

Agreement of Indemnity Commercial Bond, dated July 13, 2010, between 

International Fidelity Insurance Company and the Debtors (collectively, clauses (i) 

and (ii) the “Contracts”). The Debtors also have an interest in and to certain funds 

and proceeds from the Contracts held by providers of the surety bonds under the 

Contracts. The Debtors’ interest in such Contracts, funds and the proceeds 

therefrom is limited to the extent set forth in that certain Escrow Agreement, dated 

January 18, 2018, by and between certain of the Debtors, Ancora Intermediate 

Holdings, LLC and Citibank, N.A. as well as certain other agreements executed in 

connection with the Transaction. 

(g) Schedule D – Creditors Who Have Claims Secured by Property.

The descriptions provided in Schedule D are intended only to be a summary. 

Reference to the applicable agreements and other related relevant documents is 

necessary for a complete description of the collateral and to determine the nature, 

extent, and priority of any liens. Nothing in the Global Notes or the Schedules and 

Statements shall be deemed a modification or interpretation of the terms of such 

agreements. In certain instances, a Debtor may be a co-obligor or guarantor with 

respect to scheduled claims of another Debtor and no claim set forth on Schedule 

D of any Debtor is intended to acknowledge claims of creditors that are otherwise 

satisfied or discharged by other entities. 

Field Point Agency Services, Inc. (the “Secured Agent”) as the administrative agent 

under that certain Amended and Restated Credit Agreement (the “Credit 

Agreement”), dated November 22, 2016, has a secured and perfected lien on 

substantially all assets of the Debtors. The amounts set forth as outstanding under 

the Debtors’ prepetition loan facilities reflect approximate amounts as of the 

Petition Date. 

(h) Schedule E/F – Creditors Who Have Unsecured Claims.

Part 2 - Creditors with Nonpriority Unsecured Claims. The liabilities identified 

in Schedule E/F, Part 2, are derived from the Debtors’ books and records. The 

Debtors made a reasonable attempt to set forth their unsecured obligations, 

although the actual amount of claims against the Debtors may vary from those 

liabilities represented on Schedule E/F, Part 2. The listed liabilities may not reflect 

the correct amount of any unsecured creditor’s allowed claims or the correct 

amount of all unsecured claims. 

Schedule E/F, Part 2, reflects certain prepetition amounts owing to counterparties 

to executory contracts and unexpired leases. Schedule E/F, Part 2, does not include 

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8 

4811-7091-2358.2 

claims that may arise in connection with the rejection or termination of any 

executory contracts or unexpired leases. 

In many cases, the claims listed on Schedule E/F, Part 2, arose, accrued, or were 

incurred on various dates or on a date or dates that are unknown to the Debtors or 

are subject to dispute. Where the determination of the date on which a claim arose, 

accrued, or was incurred would be unduly burdensome, the Debtors have not listed 

a specific date or dates for such claim. 

As of the time of filing of the Schedules and Statements, the Debtors had not 

received all invoices for payables, expenses, and other liabilities that may have 

accrued prior to the Petition Date. Accordingly, the information contained in 

Schedules D and E/F may be incomplete. The Debtors reserve their right to, but 

undertake no obligations to, amend Schedules D and E/F if and as they receive such 

invoices. 

The Secured Agent also would have an unsecured deficiency claim to the extent 

that the value of the collateral does not cover the amounts due under the Credit 

Agreement. 

(i) Schedule G – Executory Contracts and Unexpired Leases. While reasonable 

efforts have been made to ensure the accuracy of Schedule G, inadvertent errors or 

omissions may have occurred. 

Listing a contract or agreement on Schedule G does not constitute an admission 

that such contract or agreement is an executory contract or unexpired lease or that 

such contract or agreement was in effect on the Petition Date or is valid or 

enforceable. Certain of the leases and contracts listed on Schedule G may contain 

renewal options, guarantees of payment, indemnifications, options to purchase, 

rights of first refusal, and other miscellaneous rights. Such rights, powers, duties, 

and obligations are not set forth separately on Schedule G. In addition, the Debtors 

may have entered into various other types of agreements in the ordinary course of 

their business, such as supplemental agreements and letter agreements, which 

documents may not be set forth in Schedule G. 

In some cases, the same supplier or provider may appear multiple times in 

Schedule G. Multiple listings, if any, reflect distinct agreements between the 

Debtors and such supplier or provider. 

The listing of any contract on Schedule G does not constitute an admission by the 

Debtors as to the validity of any such contract. Omission of a contract or agreement 

from Schedule G does not constitute an admission that such omitted contract or 

agreement is not an executory contract or unexpired lease. 

7. Specific Statements Disclosures. 

(a) Statements, Part 1, Question 1 – Income and Gross Revenue. Amounts are 

listed for the current fiscal year through June 30, 2018, the normal end of the 

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9 

4811-7091-2358.2 

Debtors’ fiscal year, rather than the Petition Date. Since the Debtors’ operations 

ceased at the end of May 2018, with one single exception, the Debtors did not 

receive any material revenue from the date of reporting through the Petition Date. 

On July 2, 2018, Delta Educational Systems, Inc. received a wire transfer in the 

amount of $500,000 in connection with the termination of certain surety bonds 

following the cessation of operations as set forth in more detail in the documents 

related to the Transaction. Finally, tuition and bookstore revenue, included in the 

total revenue amounts, are reported on a net basis, tracking with the Debtors’ 

audited financial statements. 

(b) Statements, Part 2, Questions 3 and 4 – Payments to Certain Creditors.

The payments to creditors and insiders listed in response to Questions 3 and 4 on 

each of the Debtors’ Statements reflect only payments made directly by that Debtor. 

Because of the centralized nature of the Debtors’ cash management system, the 

Debtors have not disclosed intercompany activity that took place between the 

Debtors’ various accounts at Bank of America. All other intercompany activity has 

been disclosed. The Debtors will make the Bank of America account statements, 

along with bank account reconciliations, available for inspection by the Trustee, the 

United States Trustee, creditors and parties in interest. In addition, certain 

payments may be listed in other portions of the Statements and may not be 

duplicated herein. 

(c) Statements, Part 4, Question 9 – Certain Gifts and Charitable Contributions. 

See Note No. 4 above.

(d) Statements, Part 5, Question 10 – Certain Losses. Given the scale of the 

Debtors’ prior business, certain losses cannot be tracked by the Debtors with 

complete accuracy. As such, only known losses have been included in the listing.

(e) Statements, Part 6, Question 13 – Other Transfers. See Note No. 4 above.

(f) Statements, Part 7, Question 14 – Previous Addresses. Leased school locations 

were used by certain Debtors during the last three years and those leases may be 

disclosed on Schedule G. The previous addresses disclosed in response to Question 

14 are corporate locations, as opposed to leased school locations, that have, at 

relevant times, been used by the Debtors in the three years prior to the Petition Date. 

The Debtors’ mailing address of 107 S West Street, Ste. 823 (c/o The UPS Store), 

Alexandria, VA 22314 is a mail box at The UPS Store in Alexandria, Virginia used 

by the Debtors to receive mail and such address is not an office or location of the 

Debtors.

(g) Statements, Part 13, Question 26 – Books, Records, and Financial Statements.

The Debtors have used their best efforts to disclose the identities of certain parties, 

such as banks, auditors, potential investors, vendors, and financial advisors who 

have received financial statements. However, the Debtors do not maintain 

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10 

4811-7091-2358.2 

complete lists or other records tracking such disclosures. Therefore, the Debtors 

may have not provided full lists of these parties in their responses to Question 26. 

(h) Statements, Part 13, Question 28 – Current Partners, Officers, Directors, and 

Shareholders. Delta Career Education Corporation incorporates by reference the 

List of Equity Security Holders filed as part of its Voluntary Petition. In addition, 

the Debtors have listed only entities that are the direct owners of an individual 

Debtor. 

(i) Statements, Part 13, Question 30 – Payments, Distributions, or Withdrawals 

Credited or Given to Insiders. Distributions by the Debtors to their directors, 

officers and shareholders are provided in response to Questions 3 and 4. Certain 

directors and executive officers of one debtor are also directors and executive 

officers of certain of the other debtors. To the extent payments to such individuals 

are not listed in the response to Questions 3 and 4 on the Statements for such other 

debtors, they did not receive payment for their services as directors or executive 

officers of these entities. Certain of the Debtors’ directors and executive officers 

received distributions net of tax withholdings in the year preceding the Petition 

Date. The amounts listed under Questions 3 and 4 reflect the gross amounts paid 

to such directors and executive officers rather than the net amounts after deducting 

for tax withholdings. 

8. Disclosure of Compensation of Attorney for Debtors. Following the consummation of 

the Transaction, certain funds were transferred to, deposited with or remained in accounts 

controlled by Delta Career Education Corporation for its benefit and the benefit of the other 

Debtors in order to fund the Debtors’ wind down. Kutak Rock LLP (“Kutak Rock”), as 

counsel for the Debtors, received a retainer in the aggregate amount of $270,000, or 

$19,285.71 per Debtor. Prior to the Petition Date, Kutak Rock applied $186,328.74 

($13,309.20 per Debtor) of this amount to outstanding pre-petition invoices. The balance, 

$83,671.26 ($5,976.52 per Debtor), was accepted as an advanced fixed fee by Kutak Rock 

for its services to the Debtors. The Debtors also advanced to Kutak Rock chapter 7 filing 

fees totaling $4,690.00 ($335 per Debtor). 

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4811-7091-2358.2 

Corporate Organizational Chart 

Delta Career Education Corporation

EIN 75-3135135

Delta Educational Systems, 

Inc.

EIN: 54-1859702

McCann Education 

Centers, Inc.

EIN: 23-2192761

The Miami-Jacobs Business 

College Company

EIN: 31-0558736

Academy of Court 

Reporting, Inc.

EIN: 34-1083484

Miller-Motte Business 

College, Inc.

EIN: 56-1251751

Palmetto Technical 

College, Inc.

EIN: 54-2006130

Piedmont Business 

Colleges, Inc.

EIN: 56-1554202

Creative Circus, Inc.

EIN: 20-0001026

Berks Technical Institute, Inc.

EIN: 36-4359439

McCann School of Business 

and Technology, Inc.

EIN: 72-1132608

Atlantic Coast Colleges, 

Inc.

EIN: 54-1404068

National Career Education, 

Inc.

EIN 94-2963855

Southwest Business 

Colleges, Inc.

EIN: 84-0743438

Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 16 of 76
Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 206Sum

Summary of Assets and Liabilities for Non-Individuals 12/15

Part 1: Summary of Assets

1. Schedule A/B: Assets-Real and Personal Property (Official Form 206A/B)

1a. Real property:

Copy line 88 from Schedule A/B............................................................................................................................. $ 0.00

1b. Total personal property:

Copy line 91A from Schedule A/B......................................................................................................................... $ 1,447,716.25

1c. Total of all property:

Copy line 92 from Schedule A/B........................................................................................................................... $ 1,447,716.25

Part 2: Summary of Liabilities

2. Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

Copy the total dollar amount listed in Column A, Amount of claim, from line 3 of Schedule D.................................... $ 15,459,239.64

3. Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

3a. Total claim amounts of priority unsecured claims:

Copy the total claims from Part 1 from line 5a of Schedule E/F.......................................................................... $ 0.00

3b. Total amount of claims of nonpriority amount of unsecured claims:

Copy the total of the amount of claims from Part 2 from line 5b of Schedule E/F................................................ +$ 0.00

4. Total liabilities .......................................................................................................................................................

Lines 2 + 3a + 3b $ 15,459,239.64

Official Form 206Sum Summary of Assets and Liabilities for Non-Individuals page 1

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Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 206A/B

Schedule A/B: Assets - Real and Personal Property 12/15

Disclose all property, real and personal, which the debtor owns or in which the debtor has any other legal, equitable, or future interest.

Include all property in which the debtor holds rights and powers exercisable for the debtor's own benefit. Also include assets and properties

which have no book value, such as fully depreciated assets or assets that were not capitalized. In Schedule A/B, list any executory contracts

or unexpired leases. Also list them on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G).

Be as complete and accurate as possible. If more space is needed, attach a separate sheet to this form. At the top of any pages added, write

the debtor’s name and case number (if known). Also identify the form and line number to which the additional information applies. If an

additional sheet is attached, include the amounts from the attachment in the total for the pertinent part.

For Part 1 through Part 11, list each asset under the appropriate category or attach separate supporting schedules, such as a fixed asset

schedule or depreciation schedule, that gives the details for each asset in a particular category. List each asset only once. In valuing the

debtor’s interest, do not deduct the value of secured claims. See the instructions to understand the terms used in this form.

Part 1: Cash and cash equivalents

1. Does the debtor have any cash or cash equivalents?

 No. Go to Part 2.

 Yes Fill in the information below.

All cash or cash equivalents owned or controlled by the debtor Current value of

debtor's interest

3. Checking, savings, money market, or financial brokerage accounts (Identify all)

Name of institution (bank or brokerage firm) Type of account Last 4 digits of account

number

3.1. Bank of America Operating Account 5010 $27,595.21

4. Other cash equivalents (Identify all)

5. Total of Part 1. $27,595.21

Add lines 2 through 4 (including amounts on any additional sheets). Copy the total to line 80.

Part 2: Deposits and Prepayments

6. Does the debtor have any deposits or prepayments?

 No. Go to Part 3.

 Yes Fill in the information below.

7. Deposits, including security deposits and utility deposits

Description, including name of holder of deposit

7.1. Idera Inc. - SQL Safe $12,008.65

7.2. Idera Inc. - SQL Diagnostic Manager $2,585.96

7.3. Salesforce.com - Call Center $85,877.62

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 1

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Debtor Delta Education Systems, Inc. Case number (If known)

Name

7.4. Salesforce.com - Marketing Cloud $96,262.27

7.5. ESI - Microsoft Agreement $118,084.06

7.6. ESI - CISCO SmartNet $59,147.44

7.7. Lexmark - Jadu/Perceptive $5,186.05

7.8. ESI - Sophos Endpoint $12,917.26

7.9. ESI - VMware $27,412.96

7.10

. Solarwinds $8,552.29

7.11

. Bomgar Corp. - Maintenance $8,481.70

7.12

. Citrix Systems, Inc. - NetSclaer $49,087.74

7.13

. Onix Networking - Google Apps $101,162.90

7.14

. Onix Networking - Chrome Management $16,515.85

7.15

. BMC Software - Remedyforce $20,934.19

8. Prepayments, including prepayments on executory contracts, leases, insurance, taxes, and rent

Description, including name of holder of prepayment

8.1. Wonderlic Tests $9,657.10

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 2

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Debtor Delta Education Systems, Inc. Case number (If known)

Name

8.2. SmarterServices $16,344.07

8.3. Springshare LLC - Library Subscription $3,023.81

8.4. Parchment $18,548.36

8.5. Boomi Inc. - AtomSphere $26,632.02

8.6. NASFAA Dues $3,325.01

8.7. AlaCard One - Gift card shells $2,065.00

8.8. Comdata - Gas, CDL Trucks $24,208.03

8.9. Cooley LLP - Legal Retainer $74,907.00

8.10

. LinkedIn - Recruiting Fees $6,128.79

8.11

. CDW Government - Chromebooks $432,512.73

8.12

. CDW Government - Google Chrome $46,291.73

8.13

. Library & Information Resources $105,072.35

8.14

. iParadigms - Turnitin $27,012.10

9. Total of Part 2. $1,419,945.04

Add lines 7 through 8. Copy the total to line 81.

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 3

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 Document Page 20 of 76
Debtor Delta Education Systems, Inc. Case number (If known)

Name

Part 3: Accounts receivable

10. Does the debtor have any accounts receivable?

 No. Go to Part 4.

 Yes Fill in the information below.

Part 4: Investments

13. Does the debtor own any investments?

 No. Go to Part 5.

 Yes Fill in the information below.

Valuation method used

for current value

Current value of

debtor's interest

14. Mutual funds or publicly traded stocks not included in Part 1

Name of fund or stock:

15. Non-publicly traded stock and interests in incorporated and unincorporated businesses, including any interest in an LLC,

partnership, or joint venture

Name of entity: % of ownership

15.1. Creative Circus, Inc. 100 % $0.00

15.2. Berks Technical Institute, Inc. 100 % $0.00

15.3. Atlantic Coast Colleges, Inc. 100 % $0.00

15.4. McCann Education Centers, Inc. 100 % $0.00

15.5. Miller-Motte Business College, Inc. 100 % $0.00

16. Government bonds, corporate bonds, and other negotiable and non-negotiable instruments not included in Part 1

Describe:

17. Total of Part 4. $0.00

Add lines 14 through 16. Copy the total to line 83.

Part 5: Inventory, excluding agriculture assets

18. Does the debtor own any inventory (excluding agriculture assets)?

 No. Go to Part 6.

 Yes Fill in the information below.

Part 6: Farming and fishing-related assets (other than titled motor vehicles and land)

27. Does the debtor own or lease any farming and fishing-related assets (other than titled motor vehicles and land)?

 No. Go to Part 7.

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 4

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Debtor Delta Education Systems, Inc. Case number (If known)

Name

 Yes Fill in the information below.

Part 7: Office furniture, fixtures, and equipment; and collectibles

38. Does the debtor own or lease any office furniture, fixtures, equipment, or collectibles?

 No. Go to Part 8.

 Yes Fill in the information below.

Part 8: Machinery, equipment, and vehicles

46. Does the debtor own or lease any machinery, equipment, or vehicles?

 No. Go to Part 9.

 Yes Fill in the information below.

Part 9: Real property

54. Does the debtor own or lease any real property?

 No. Go to Part 10.

 Yes Fill in the information below.

Part 10: Intangibles and intellectual property

59. Does the debtor have any interests in intangibles or intellectual property?

 No. Go to Part 11.

 Yes Fill in the information below.

Part 11: All other assets

70. Does the debtor own any other assets that have not yet been reported on this form?

Include all interests in executory contracts and unexpired leases not previously reported on this form.

 No. Go to Part 12.

 Yes Fill in the information below.

Current value of

debtor's interest

71. Notes receivable

Description (include name of obligor)

72. Tax refunds and unused net operating losses (NOLs)

Description (for example, federal, state, local)

State of Pennsylvania Tax year 2016 $176.00

73. Interests in insurance policies or annuities

74. Causes of action against third parties (whether or not a lawsuit

has been filed)

75. Other contingent and unliquidated claims or causes of action of

every nature, including counterclaims of the debtor and rights to

set off claims

76. Trusts, equitable or future interests in property

77. Other property of any kind not already listed Examples: Season tickets,

country club membership

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 5

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Debtor Delta Education Systems, Inc. Case number (If known)

Name

78. Total of Part 11. $176.00

Add lines 71 through 77. Copy the total to line 90.

79. Has any of the property listed in Part 11 been appraised by a professional within the last year?

 No

 Yes

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 6

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Debtor Delta Education Systems, Inc. Case number (If known)

Name

Part 12: Summary

In Part 12 copy all of the totals from the earlier parts of the form

Type of property Current value of

personal property

Current value of real

property

80. Cash, cash equivalents, and financial assets.

Copy line 5, Part 1 $27,595.21

81. Deposits and prepayments. Copy line 9, Part 2. $1,419,945.04

82. Accounts receivable. Copy line 12, Part 3. $0.00

83. Investments. Copy line 17, Part 4. $0.00

84. Inventory. Copy line 23, Part 5. $0.00

85. Farming and fishing-related assets. Copy line 33, Part 6. $0.00

86. Office furniture, fixtures, and equipment; and collectibles.

Copy line 43, Part 7. $0.00

87. Machinery, equipment, and vehicles. Copy line 51, Part 8. $0.00

88. Real property. Copy line 56, Part 9.........................................................................................> $0.00

89. Intangibles and intellectual property. Copy line 66, Part 10. $0.00

90. All other assets. Copy line 78, Part 11. + $176.00

91. Total. Add lines 80 through 90 for each column $1,447,716.25 + 91b. $0.00

92. Total of all property on Schedule A/B. Add lines 91a+91b=92 $1,447,716.25

Official Form 206A/B Schedule A/B Assets - Real and Personal Property page 7

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 Document Page 24 of 76
Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 206D

Schedule D: Creditors Who Have Claims Secured by Property 12/15

Be as complete and accurate as possible.

1. Do any creditors have claims secured by debtor's property?

 No. Check this box and submit page 1 of this form to the court with debtor's other schedules. Debtor has nothing else to report on this form.

 Yes. Fill in all of the information below.

Part 1: List Creditors Who Have Secured Claims

2. List in alphabetical order all creditors who have secured claims. If a creditor has more than one secured

claim, list the creditor separately for each claim.

Column A

Amount of claim

Do not deduct the value

of collateral.

Column B

Value of collateral

that supports this

claim

2.1 Field Point Agency Services,

Inc. Describe debtor's property that is subject to a lien $15,459,239.64 Unknown

Creditor's Name All assets

80 Field Point Road, Ste. 101

Greenwich, CT 06830

Creditor's mailing address Describe the lien

UCC-1

Is the creditor an insider or related party?

 No

Creditor's email address, if known  Yes

Is anyone else liable on this claim?

Date debt was incurred  No

11/22/2016  Yes. Fill out Schedule H: Codebtors (Official Form 206H)

Last 4 digits of account number

Do multiple creditors have an

interest in the same property?

As of the petition filing date, the claim is:

Check all that apply

 No  Contingent

 Unliquidated

 Disputed

 Yes. Specify each creditor,

including this creditor and its relative

priority.

3. Total of the dollar amounts from Part 1, Column A, including the amounts from the Additional Page, if any.

$15,459,239.

64

Part 2: List Others to Be Notified for a Debt Already Listed in Part 1

List in alphabetical order any others who must be notified for a debt already listed in Part 1. Examples of entities that may be listed are collection agencies,

assignees of claims listed above, and attorneys for secured creditors.

If no others need to notified for the debts listed in Part 1, do not fill out or submit this page. If additional pages are needed, copy this page.

Name and address On which line in Part 1 did

you enter the related creditor?

Last 4 digits of

account number for

this entity

Marblegate Special Opportunities

Master Fund, L.P.

80 Field Point Road, Ste. 101

Greenwich, CT 06830

Line 2.1

Official Form 206D Schedule D: Creditors Who Have Claims Secured by Property page 1 of 1

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 Document Page 25 of 76
Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 206E/F

Schedule E/F: Creditors Who Have Unsecured Claims 12/15

Be as complete and accurate as possible. Use Part 1 for creditors with PRIORITY unsecured claims and Part 2 for creditors with NONPRIORITY unsecured claims.

List the other party to any executory contracts or unexpired leases that could result in a claim. Also list executory contracts on Schedule A/B: Assets - Real and

Personal Property (Official Form 206A/B) and on Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G). Number the entries in Parts 1 and

2 in the boxes on the left. If more space is needed for Part 1 or Part 2, fill out and attach the Additional Page of that Part included in this form.

Part 1: List All Creditors with PRIORITY Unsecured Claims

1. Do any creditors have priority unsecured claims? (See 11 U.S.C. § 507).

 No. Go to Part 2.

 Yes. Go to line 2.

Part 2: List All Creditors with NONPRIORITY Unsecured Claims

3. List in alphabetical order all of the creditors with nonpriority unsecured claims. If the debtor has more than 6 creditors with nonpriority unsecured claims, fill

out and attach the Additional Page of Part 2.

Amount of claim

3.1 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Baltimore County

c/o Baltimore County Attorney

400 Washington Avenue

Towson, MD 21204

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.2 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Berks County

c/o Berks County Solicitor

633 Court Street, 13th Floor

Reading, PA 19601

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.3 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Borough of Carlisle

c/o Carlisle Borough Attorney

53 W South Street

Carlisle, PA 17013

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.4 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Borough of Catasauqua

c/o Lehigh County Attorney

455 Hamilton Street

Allentown, PA 18101

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206E/F Schedule E/F: Creditors Who Have Unsecured Claims page 1 of 9

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Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 26 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.5 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Borough of Hanover

c/o York County Attorney

45 N George Street

York, PA 17401

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.6 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Borough of West Goshen

c/o Chester County District Attorney

201 W Market Street, #4450

West Chester, PA 19382

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.7 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Borough of Wyomissing

c/o Wyomissing Attorney

22 Reading Boulevard

Wyomissing, PA 19610-2083

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.8 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Bucks County

c/o Bucks County District Attorney

100 N. Main Street

Doylestown, PA 18901

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.9 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Chester County

c/o Chester County Attorney

201 W. Market Street, Suite 4450

West Chester, PA 19380-0989

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.10 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Cincinnati

c/o Cincinnati City Attorney

801 Plum Street

Cincinnati, OH 45202

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.11 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Columbus

c/o Columbus City Attorney

77 North Front Street

Columbus, OH 43215

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 2 of 9

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Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 27 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.12 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Dayton

c/o Dayton City Attorney

101 W. Third Street

Dayton, OH 45402

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.13 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Granville

c/o Licking County Attorney

20 S. Second Street

Newark, OH 43055

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.14 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Hazelton

c/o Luzerne County Attorney

200 N River Street

Wilkes Barre, PA 18711

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.15 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Pottsville

c/o Schuylkill County Attorney

401 N 2nd Street

Pottsville, PA 17901

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.16 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Springboro

c/o Warren County Attorney

500 Justice Drive

Lebanon, OH 45036

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.17 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Sunbury

c/o Sunbury City Attorney

225 Market Street

Sunbury, PA 17801

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.18 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

City of Troy

c/o Miami County Attorney

201 W. Main Street, 2nd Floor

Troy, OH 45373

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 3 of 9

Software Copyright (c) 1996-2018 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 28 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.19 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

County of Anne Arundel

c/o Anne Arundel County Attorney

Heritage Complex, 2660 Riva Road

Annapolis, MD 21404

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.20 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

County of Montgomery

c/o Montgomery County Attorney

2 E. Airy Street

Norristown, PA 19401

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.21 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Cumberland County

c/o Cumberland County District Attorney

1 Courthouse Square, Room 202

Carlisle, PA 17013

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.22 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

District of Columbia

c/o District of Columbia Attorney

555 4th Street, NW

Washington, DC 20530

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.23 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Internal Revenue Service

400 N. 8th Street

P.O. Box 76

Richmond, VA 23219

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.24 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Lehigh County

c/o Lehigh County Attorney

455 Hamilton Street

Allentown, PA 18101

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.25 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Luzerne County

c/o Luzerne County Attorney

200 North River Street

Wilkes Barre, PA 18711

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 4 of 9

Software Copyright (c) 1996-2018 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 29 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.26 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Newton Township

c/o Bucks County District Attorney

100 N. Main Street

Doylestown, PA 18901

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.27 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Perkiomen Valley School District

3 Iron Bridge Drive

Collegeville, PA 19426

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.28 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Schuykill County

c/o Schuykill County Attorney

401 N 2nd Street

Pottsville, PA 17901

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.29 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Alabama

c/o Alabama Attorney General

P.O. Box 300152

Montgomery, AL 36130-0152

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.30 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Arizona

c/o Arizona Attorney General

2005 N. Central Avenue

Phoenix, AZ 85004

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.31 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of California

c/o California Attorney General

600 W. Broadway 1800

San Diego, CA 92101

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.32 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Colorado

c/o Colorado Attorney General

1300 Broadway, 7th Floor

Denver, CO 80203

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 5 of 9

Software Copyright (c) 1996-2018 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 30 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.33 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Florida

c/o Florida Attorney General

The Capitol PL-01

Tallahassee, FL 32399-1050

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.34 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Georgia

c/o Georgia Attorney General

40 Capitol Square, SW

Atlanta, GA 30334

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.35 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Illinois

c/o Illinois Attorney General

100 W. Randolph St., 12th Floor

Chicago, IL 60601

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.36 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Iowa

c/o Iowa Attorney General

1305 E Walnut Street, #2

Des Moines, IA 50319

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.37 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Kansas

c/o Kansas Attorney General

3635 SW Avalon Lane

Topeka, KS 66604

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.38 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Louisiana

c/o Louisiana Attorney General

1885 N 3rd Street

Baton Rouge, LA 70802

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.39 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Maryland

c/o Maryland Attorney General

200 Saint Paul Street

Baltimore, MD 21202

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 6 of 9

Software Copyright (c) 1996-2018 Best Case, LLC - www.bestcase.com Best Case Bankruptcy

Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 31 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.40 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Michigan

c/o Michigan Attorney General

525 W Ottawa Street

Lansing, MI 48933

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.41 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Mississippi

c/o Mississippi Attorney General

550 High Street

Jackson, MS 39201

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.42 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Montana

c/o Montana Attorney General

215 N Sanders Street

Helena, MT 59601

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.43 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Nevada

c/o Nevada Attorney General

100 N Carson Street

Carson City, NV 89701

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.44 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of New Mexico

c/o New Mexico Attorney General

408 Galistero Street, Villagra Building

Santa Fe, NM 87501

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.45 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of North Carolina

c/o North Carolina Attorney General

114 W Edenton Street

Raleigh, NC 27603

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.46 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Ohio

c/o Ohio Attorney General

30 E. Broad St., 14th Floor

Columbus, OH 43215

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 7 of 9

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Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 32 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.47 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Pennsylvania

c/o Pennsylvania Attorney General

Strawberry Square

Harrisburg, PA 17120

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.48 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of South Carolina

c/o South Carolina Attorney General

1000 Assembly Street, Room 519

Columbia, SC 29201

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.49 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Tennessee

c/o Tennessee Attorney General

P.O. Box 20207

Nashville, TN 37202-0207

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.50 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Texas

c/o Texas Attorney General

P.O. Box 12548

Austin, TX 78711-2548

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.51 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Virginia

c/o Virginia Attorney General

202 North 9th Street

Richmond, VA 23219

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.52 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

State of Wisconsin

c/o Wisconsin Attorney General

114 E State Capitol

Madison, WI 53702

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.53 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Twin Valley School District

4851 N. Twin Valley Road

Elverson, PA 19520

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 8 of 9

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Case 18-33818-KLP Doc 1 Filed 07/27/18 Entered 07/27/18 11:07:47 Desc Main

 Document Page 33 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Name

3.54 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Wilkes-Barre Township

c/o Luzerne County Attorney

200 N River Street

Wilkes Barre, PA 18711

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.55 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Wilmington School District

300 Wood Street

New Wilmington, PA 16142

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

3.56 Nonpriority creditor's name and mailing address As of the petition filing date, the claim is: Check all that apply. Unknown

Xenia School District

819 Colorado Drive

Xenia, OH 45385

Date(s) debt was incurred

Last 4 digits of account number

 Contingent

 Unliquidated

 Disputed

Basis for the claim:

Is the claim subject to offset?  No  Yes

Part 3: List Others to Be Notified About Unsecured Claims

4. List in alphabetical order any others who must be notified for claims listed in Parts 1 and 2. Examples of entities that may be listed are collection agencies,

assignees of claims listed above, and attorneys for unsecured creditors.

If no others need to be notified for the debts listed in Parts 1 and 2, do not fill out or submit this page. If additional pages are needed, copy the next page.

Name and mailing address On which line in Part1 or Part 2 is the

related creditor (if any) listed?

Last 4 digits of

account number, if

any

Part 4: Total Amounts of the Priority and Nonpriority Unsecured Claims

5. Add the amounts of priority and nonpriority unsecured claims.

Total of claim amounts

5a. Total claims from Part 1 5a. $ 0.00

5b. Total claims from Part 2 5b. + $ 0.00

5c. Total of Parts 1 and 2

Lines 5a + 5b = 5c. 5c. $ 0.00

Official Form 206 E/F Schedule E/F: Creditors Who Have Unsecured Claims Page 9 of 9

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 Document Page 34 of 76
Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 206G

Schedule G: Executory Contracts and Unexpired Leases 12/15

Be as complete and accurate as possible. If more space is needed, copy and attach the additional page, number the entries consecutively.

1. Does the debtor have any executory contracts or unexpired leases?

 No. Check this box and file this form with the debtor's other schedules. There is nothing else to report on this form.

 Yes. Fill in all of the information below even if the contacts of leases are listed on Schedule A/B: Assets - Real and Personal Property

(Official Form 206A/B).

2. List all contracts and unexpired leases State the name and mailing address for all other parties with

whom the debtor has an executory contract or unexpired

lease

2.1 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.2 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.3 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

2.4 State what the contract or

lease is for and the nature

of the debtor's interest

State the term remaining

List the contract number of

any government contract

Official Form 206G Schedule G: Executory Contracts and Unexpired Leases Page 1 of 1

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 Document Page 35 of 76
Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 206H

Schedule H: Your Codebtors 12/15

Be as complete and accurate as possible. If more space is needed, copy the Additional Page, numbering the entries consecutively. Attach the

Additional Page to this page.

1. Do you have any codebtors?

 No. Check this box and submit this form to the court with the debtor's other schedules. Nothing else needs to be reported on this form.

 Yes

2. In Column 1, list as codebtors all of the people or entities who are also liable for any debts listed by the debtor in the schedules of

creditors, Schedules D-G. Include all guarantors and co-obligors. In Column 2, identify the creditor to whom the debt is owed and each schedule

on which the creditor is listed. If the codebtor is liable on a debt to more than one creditor, list each creditor separately in Column 2.

Column 1: Codebtor Column 2: Creditor

Name Mailing Address Name Check all schedules

that apply:

2.1 Academy of Court

Reporting, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.2 Atlantic Coast

Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.3 Berks Technical

Institutel, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.4 Creative Circus,

Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

Official Form 206H Schedule H: Your Codebtors Page 1 of 3

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Debtor Delta Education Systems, Inc. Case number (if known)

Additional Page to List More Codebtors

Copy this page only if more space is needed. Continue numbering the lines sequentially from the previous page.

Column 1: Codebtor Column 2: Creditor

2.5 Delta Career

Education

Corporation

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.6 McCann

Education Centers

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.7 McCann School of

Business and

Technology

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.8 Miller-Motte

Business College,

Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.9 National Career

Education, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.10 Palmetto

Technical College,

Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.11 Piedmont

Business

Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

Official Form 206H Schedule H: Your Codebtors Page 2 of 3

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Debtor Delta Education Systems, Inc. Case number (if known)

Additional Page to List More Codebtors

Copy this page only if more space is needed. Continue numbering the lines sequentially from the previous page.

Column 1: Codebtor Column 2: Creditor

2.12 Southwest

Business

Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

2.13 The Miami-Jacobs

Business College

Co.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Field Point Agency

Services, Inc.

 D 2.1

 E/F

 G

Official Form 206H Schedule H: Your Codebtors Page 3 of 3

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Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 202

Declaration Under Penalty of Perjury for Non-Individual Debtors 12/15

An individual who is authorized to act on behalf of a non-individual debtor, such as a corporation or partnership, must sign and submit this

form for the schedules of assets and liabilities, any other document that requires a declaration that is not included in the document, and any

amendments of those documents. This form must state the individual’s position or relationship to the debtor, the identity of the document,

and the date. Bankruptcy Rules 1008 and 9011.

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341,

1519, and 3571.

Declaration and signature

I am the president, another officer, or an authorized agent of the corporation; a member or an authorized agent of the partnership; or another

individual serving as a representative of the debtor in this case.

I have examined the information in the documents checked below and I have a reasonable belief that the information is true and correct:

 Schedule A/B: Assets–Real and Personal Property (Official Form 206A/B)

 Schedule D: Creditors Who Have Claims Secured by Property (Official Form 206D)

 Schedule E/F: Creditors Who Have Unsecured Claims (Official Form 206E/F)

 Schedule G: Executory Contracts and Unexpired Leases (Official Form 206G)

 Schedule H: Codebtors (Official Form 206H)

 Summary of Assets and Liabilities for Non-Individuals (Official Form 206Sum)

 Amended Schedule

 Chapter 11 or Chapter 9 Cases: List of Creditors Who Have the 20 Largest Unsecured Claims and Are Not Insiders (Official Form 204)

 Other document that requires a declaration

I declare under penalty of perjury that the foregoing is true and correct.

Executed on X

Signature of individual signing on behalf of debtor

Martina Hansen

Printed name

CEO Delta Education Systems, Inc.

Position or relationship to debtor

Official Form 202 Declaration Under Penalty of Perjury for Non-Individual Debtors

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Fill in this information to identify the case:

Debtor name Delta Education Systems, Inc.

United States Bankruptcy Court for the: EASTERN DISTRICT OF VIRGINIA

Case number (if known)

 Check if this is an

amended filing

Official Form 207

Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy 04/16

The debtor must answer every question. If more space is needed, attach a separate sheet to this form. On the top of any additional pages,

write the debtor’s name and case number (if known).

Part 1: Income

1. Gross revenue from business

 None.

Identify the beginning and ending dates of the debtor’s fiscal year,

which may be a calendar year

Sources of revenue

Check all that apply

Gross revenue

(before deductions and

exclusions)

From the beginning of the fiscal year to filing date:

From 7/01/2018 to Filing Date

 Operating a business $0.00

 Other

For prior year:

From 7/01/2017 to 6/30/2018

 Operating a business $0.00

 Other

For year before that:

From 7/01/2016 to 6/30/2017

 Operating a business $0.00

 Other

For the fiscal year:

From 7/01/2015 to 6/30/2016

 Operating a business $0.00

 Other

2. Non-business revenue

Include revenue regardless of whether that revenue is taxable. Non-business income may include interest, dividends, money collected from lawsuits,

and royalties. List each source and the gross revenue for each separately. Do not include revenue listed in line 1.

 None.

Description of sources of revenue Gross revenue from

each source

(before deductions and

exclusions)

Part 2: List Certain Transfers Made Before Filing for Bankruptcy

3. Certain payments or transfers to creditors within 90 days before filing this case

List payments or transfers--including expense reimbursements--to any creditor, other than regular employee compensation, within 90 days before

filing this case unless the aggregate value of all property transferred to that creditor is less than $6,425. (This amount may be adjusted on 4/01/19

and every 3 years after that with respect to cases filed on or after the date of adjustment.)

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 1

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Debtor Delta Education Systems, Inc. Case number (if known)

 None.

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

3.1. AMBASSADOR COLLEGE BOOK -

MELVILLE

445 BROAD HOLLOW RD

SUITE 206

MELVILLE, NY 11747

5/2/2018 $10,811.21  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.2. AMBASSADOR COLLEGE BOOK -

MELVILLE

445 BROAD HOLLOW RD

SUITE 206

MELVILLE, NY 11747

5/17/2018 $11,064.05  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.3. DIXON HUGHES GOODMAN, LLP

PO BOX 602828

CHARLOTTE, NC 28260

5/24/2018 $15,000.00  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.4. GUARDIAN - ALTERNATE FUNDED

PO BOX 824395

PHILADELPHIA, PA 19182

5/21/2018 $11,211.22  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.5. MARTINA HANSEN

8618 CONOVER PL

ALEXANDRIA, VA 22308

5/7/2018 $1,717.13  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.6. US DEPARTMENT OF VETERAN

AFFAIRS

DEBT MANAGEMENT CENTER

BISHOP HENRY WHIPPLE FEDERAL

BLDG

ST PAUL, MN 55111

4/26/2018 $1,248.00  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.7. US DEPARTMENT OF VETERAN

AFFAIRS

DEBT MANAGEMENT CENTER

BISHOP HENRY WHIPPLE FEDERAL

BLDG

ST PAUL, MN 55111

4/26/2018 $630.00  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.8. US DEPARTMENT OF VETERAN

AFFAIRS

DEBT MANAGEMENT CENTER

BISHOP HENRY WHIPPLE FEDERAL

BLDG

ST PAUL, MN 55111

5/8/2018 $3,601.00  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 2

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 Document Page 41 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

3.9. RICHARD D. CRAIG

1407 PEMBROKE JONES DR

WILMINGTON, NC 28405

6/1/2018 $15,125.90  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.10

.

STVT-AAI 4/27/2018 $18,776.53  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.11

.

HIGHER ONE INC

115 MUNSON ST

NEW HAVEN, CT 06511

4/30/2018 $98,190.53  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.12

.

HIGHER ONE INC

115 MUNSON ST

NEW HAVEN, CT 06511

5/9/2018 $32,556.81  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.13

.

HIGHER ONE INC

115 MUNSON ST

NEW HAVEN, CT 06511

5/17/2018 $65,947.15  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.14

.

STVT-AAI 5/21/2018 $298,248.51  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.15

.

HIGHER ONE INC

115 MUNSON ST

NEW HAVEN, CT 06511

5/31/2018 $8,696.66  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.16

.

UPS

PO BOX 7247-0244

PHILADELPHIA, PA 19170

7/13/2018 $58.31  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 3

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 Document Page 42 of 76
Debtor Delta Education Systems, Inc. Case number (if known)

Creditor's Name and Address Dates Total amount of value Reasons for payment or transfer

Check all that apply

3.17

.

BANK OF AMERICA

100 NORTH TRYON STREET

CHARLOTTE, NC 28255

7/16/2018 $11,998.03  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.18

.

UPS

PO BOX 7247-0244

PHILADELPHIA, PA 19170

7/20/2018 $58.31  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.19

.

ANCORA EDUCATION

8701 BEDFORD EULESS ROAD, #400

HURST, TX 76053

7/12/2018 $1,120.00  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.20

.

MARTINA HANSEN

8618 CONOVER PL

ALEXANDRIA, VA 22308

7/18/2018 $3,365.36  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.21

.

ANCORA EDUCATION

8701 BEDFORD EULESS ROAD, #400

HURST, TX 76053

7/20/2018 $334.21  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

3.22

.

MARTINA HANSEN

8618 CONOVER PL

ALEXANDRIA, VA 22308

7/25/2018 $2,692.31  Secured debt

 Unsecured loan repayments

 Suppliers or vendors

 Services

 Other

4. Payments or other transfers of property made within 1 year before filing this case that benefited any insider

List payments or transfers, including expense reimbursements, made within 1 year before filing this case on debts owed to an insider or guaranteed

or cosigned by an insider unless the aggregate value of all property transferred to or for the benefit of the insider is less than $6,425. (This amount

may be adjusted on 4/01/19 and every 3 years after that with respect to cases filed on or after the date of adjustment.) Do not include any payments

listed in line 3. Insiders include officers, directors, and anyone in control of a corporate debtor and their relatives; general partners of a partnership

debtor and their relatives; affiliates of the debtor and insiders of such affiliates; and any managing agent of the debtor. 11 U.S.C. § 101(31).

 None.

Insider's name and address

Relationship to debtor

Dates Total amount of value Reasons for payment or transfer

4.1. Kevin Smith

Employee

$139,826.02

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 4

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Debtor Delta Education Systems, Inc. Case number (if known)

Insider's name and address

Relationship to debtor

Dates Total amount of value Reasons for payment or transfer

4.2. Bill Nance

Employee

$236,047.72

4.3. Martina Hansen

107 S West Street, Ste. 823

Alexandria, VA 22314

Employee

$192,682.79

4.4. Charles Brissman

Employee

$388,990.33

4.5. John Olsen

Employee

$1,246,004.39

4.6. Howard Allentoff

Employee

$310,836.21

4.7. Brandon Krueger

Employee

$182,164.62

4.8. WHETSTONE CAPITAL LLC

8406 STONE GATE DR

ANNANDALE, VA 22003

$103,698.02 Payment to Interim CFO for

compesation

5. Repossessions, foreclosures, and returns

List all property of the debtor that was obtained by a creditor within 1 year before filing this case, including property repossessed by a creditor, sold at

a foreclosure sale, transferred by a deed in lieu of foreclosure, or returned to the seller. Do not include property listed in line 6.

 None

Creditor's name and address Describe of the Property Date Value of property

6. Setoffs

List any creditor, including a bank or financial institution, that within 90 days before filing this case set off or otherwise took anything from an account

of the debtor without permission or refused to make a payment at the debtor’s direction from an account of the debtor because the debtor owed a

debt.

 None

Creditor's name and address Description of the action creditor took Date action was

taken

Amount

Part 3: Legal Actions or Assignments

7. Legal actions, administrative proceedings, court actions, executions, attachments, or governmental audits

List the legal actions, proceedings, investigations, arbitrations, mediations, and audits by federal or state agencies in which the debtor was involved

in any capacity—within 1 year before filing this case.

 None.

Case title

Case number

Nature of case Court or agency's name and

address

Status of case

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 5

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Debtor Delta Education Systems, Inc. Case number (if known)

Case title

Case number

Nature of case Court or agency's name and

address

Status of case

7.1. Reliable Building Solutioln, Inc.

v. Delta Educational Systems,

Inc. aka Miller Motte Techinical

College or Piedmont Business

Colleges, Inc.

18GS5280

Complaint for

breack of contract

relating to cleaning,

janitorial and

related services of

less than $25,000.

Hamilton County General

Sessions Court

Courts Building, Courtroom 6,

2nd Floor

600 Market Street

Chattanooga, TN 37402

 Pending

 On appeal

 Concluded

7.2. Springboro-Harrison, Ltd. v. The

Miami-Jacobs Business College

Compant

18CV090928

Complaint for

unpaid rent of

$81,900.

Warren County Court of

Common Pleas

500 Justice Drive

Lebanon, OH 45036

 Pending

 On appeal

 Concluded

7.3. Francis Hospitality, Inc. and

Delta Educational Systems, Inc.

v. Read Properties, LLC d/b/a

Coldwell Bank Commercial

Read & Company

170894

Appeal from

judgment in City of

Lynchburg Circuit

Court, Va.

Virginia Supreme Court

100 North 9th Street, 5th

Floor

P.O. Box 1315

Richmond, VA 23219

 Pending

 On appeal

 Concluded

8. Assignments and receivership

List any property in the hands of an assignee for the benefit of creditors during the 120 days before filing this case and any property in the hands of a

receiver, custodian, or other court-appointed officer within 1 year before filing this case.

 None

Part 4: Certain Gifts and Charitable Contributions

9. List all gifts or charitable contributions the debtor gave to a recipient within 2 years before filing this case unless the aggregate value of

the gifts to that recipient is less than $1,000

 None

Recipient's name and address Description of the gifts or contributions Dates given Value

9.1. Jordan Drakes Fund

3/31/2017 $6,000.00

Recipients relationship to debtor

Part 5: Certain Losses

10. All losses from fire, theft, or other casualty within 1 year before filing this case.

 None

Description of the property lost and

how the loss occurred

Amount of payments received for the loss

If you have received payments to cover the loss, for

example, from insurance, government compensation, or

tort liability, list the total received.

List unpaid claims on Official Form 106A/B (Schedule

A/B: Assets – Real and Personal Property).

Dates of loss Value of property

lost

Part 6: Certain Payments or Transfers

11. Payments related to bankruptcy

List any payments of money or other transfers of property made by the debtor or person acting on behalf of the debtor within 1 year before the filing

of this case to another person or entity, including attorneys, that the debtor consulted about debt consolidation or restructuring, seeking bankruptcy

relief, or filing a bankruptcy case.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 6

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Debtor Delta Education Systems, Inc. Case number (if known)

 None.

Who was paid or who received

the transfer?

Address

If not money, describe any property transferred Dates Total amount or

value

11.1. Kutak Rock LLP

901 East Byrd Street

Suite 1000

Richmond, VA 23219 Attorney Fees

May-July

2018 $19,285.71

Email or website address

www.kutakrock.com

Who made the payment, if not debtor?

See Global Notes and Attorney Fee

Disclosure

12. Self-settled trusts of which the debtor is a beneficiary

List any payments or transfers of property made by the debtor or a person acting on behalf of the debtor within 10 years before the filing of this case

to a self-settled trust or similar device.

Do not include transfers already listed on this statement.

 None.

Name of trust or device Describe any property transferred Dates transfers

were made

Total amount or

value

13. Transfers not already listed on this statement

List any transfers of money or other property by sale, trade, or any other means made by the debtor or a person acting on behalf of the debtor within

2 years before the filing of this case to another person, other than property transferred in the ordinary course of business or financial affairs. Include

both outright transfers and transfers made as security. Do not include gifts or transfers previously listed on this statement.

 None.

Who received transfer?

Address

Description of property transferred or

payments received or debts paid in exchange

Date transfer

was made

Total amount or

value

13.1

.

Ancora Intermediate Holdings

LLC

8701 Bedford Euless Road,

Suite 400

Hurst, TX 76053

Certain assets from the Debtors, including

certain campuses of the Debtors, as

described in the Global Notes. 1/18/2018 Unknown

Relationship to debtor

Third Party

13.2

.

STVT-AAI

8701 Bedford Euless Road,

Suite 400

Hurst, TX 76053 Returning funds owned by Ancora 3/13/2018 $2,101,793.00

Relationship to debtor

13.3

.

STVT-AAI

8701 Bedford Euless Road,

Suite 400

Hurst, TX 76053 Returning funds owned by Ancora 3/22/2018 $2,993,997.00

Relationship to debtor

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 7

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Debtor Delta Education Systems, Inc. Case number (if known)

Who received transfer?

Address

Description of property transferred or

payments received or debts paid in exchange

Date transfer

was made

Total amount or

value

13.4

.

STVT-AAI

8701 Bedford Euless Road,

Suite 400

Hurst, TX 76053 Returning funds owned by Ancora 4/19/2018 $164,351.59

Relationship to debtor

13.5

.

STVT-AAI

8701 Bedford Euless Road,

Suite 400

Hurst, TX 76053 Insurance claim reimbursement 4/27/2018 $18,776.53

Relationship to debtor

13.6

.

STVT-AAI

8701 Bedford Euless Road,

Suite 400

Hurst, TX 76053 Returning funds owned by Ancora 5/21/2018 $298,248.51

Relationship to debtor

13.7

.

Field Point Agency Services,

Inc.

80 Field Point Road, Ste. 101

Greenwich, CT 06830 Payment to secured creditor 7/5/18 $700,000.00

Relationship to debtor

13.8

.

Field Point Agency Services,

Inc.

80 Field Point Road, Ste. 101

Greenwich, CT 06830 Payment to secured creditor 7/6/18 $113,000.00

Relationship to debtor

13.9

.

Martina Hansen

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Flat Fee for Service as Debtors' Designated

Representative 7/6/18 $52,500.00

Relationship to debtor

13.1

0.

Dixon Hughes Goodman LLP

440 Monticello Avenue, #1400

Norfolk, VA 23510 FY 2017 Tax Returns 6/18/2018 $30,000.00

Relationship to debtor

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 8

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Debtor Delta Education Systems, Inc. Case number (if known)

Who received transfer?

Address

Description of property transferred or

payments received or debts paid in exchange

Date transfer

was made

Total amount or

value

13.1

1.

US DEPARTMENT OF

VETERANS AFFAIRS

ST LOUIS REGIONAL OFFICE

PO BOX 66830

ST LOUIS, MO 63166 Refund 7/5/2018 $1,100.00

Relationship to debtor

13.1

2.

PHEAA

331 Innovation Blvd

State College, PA 16803 Refund 6/19/2018 $21,693.00

Relationship to debtor

13.1

3.

Guardian

7 Hanover Square

New York, NY 10004 Dental Claims 6/20/2018 $25,433.28

Relationship to debtor

13.1

4.

Valli Information Systems, Inc.

915 Main St.

Caldwell, ID 83605 W-2 and 1099 Processing 6/21/2018 $2,310.00

Relationship to debtor

Part 7: Previous Locations

14. Previous addresses

List all previous addresses used by the debtor within 3 years before filing this case and the dates the addresses were used.

 Does not apply

Address Dates of occupancy

From-To

14.1. 99 Canal Center Plaza, Suite 501

Alexandria, VA 22308

14.2. 4525 Columbus Street, #101

Virginia Beach, VA 23462

14.3. P.O. Box 66775

Virginia Beach, VA 23466

Part 8: Health Care Bankruptcies

15. Health Care bankruptcies

Is the debtor primarily engaged in offering services and facilities for:

- diagnosing or treating injury, deformity, or disease, or

- providing any surgical, psychiatric, drug treatment, or obstetric care?

 No. Go to Part 9.

 Yes. Fill in the information below.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 9

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Debtor Delta Education Systems, Inc. Case number (if known)

Facility name and address Nature of the business operation, including type of services

the debtor provides

If debtor provides meals

and housing, number of

patients in debtor’s care

Part 9: Personally Identifiable Information

16. Does the debtor collect and retain personally identifiable information of customers?

 No.

 Yes. State the nature of the information collected and retained.

Student records

Does the debtor have a privacy policy about that information?

 No

 Yes

17. Within 6 years before filing this case, have any employees of the debtor been participants in any ERISA, 401(k), 403(b), or other pension or

profit-sharing plan made available by the debtor as an employee benefit?

 No. Go to Part 10.

 Yes. Does the debtor serve as plan administrator?

Part 10: Certain Financial Accounts, Safe Deposit Boxes, and Storage Units

18. Closed financial accounts

Within 1 year before filing this case, were any financial accounts or instruments held in the debtor’s name, or for the debtor’s benefit, closed, sold,

moved, or transferred?

Include checking, savings, money market, or other financial accounts; certificates of deposit; and shares in banks, credit unions, brokerage houses,

cooperatives, associations, and other financial institutions.

 None

Financial Institution name and

Address

Last 4 digits of

account number

Type of account or

instrument

Date account was

closed, sold,

moved, or

transferred

Last balance

before closing or

transfer

18.1. Bank of America

Virginia Beach, VA

XXXX-3605  Checking

 Savings

 Money Market

 Brokerage

 Other Deposit

Account

5/21/2018 $0.00

19. Safe deposit boxes

List any safe deposit box or other depository for securities, cash, or other valuables the debtor now has or did have within 1 year before filing this

case.

 None

Depository institution name and address Names of anyone with

access to it

Address

Description of the contents Do you still

have it?

20. Off-premises storage

List any property kept in storage units or warehouses within 1 year before filing this case. Do not include facilities that are in a part of a building in

which the debtor does business.

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 10

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Debtor Delta Education Systems, Inc. Case number (if known)

 None

Facility name and address Names of anyone with

access to it

Description of the contents Do you still

have it?

Part 11: Property the Debtor Holds or Controls That the Debtor Does Not Own

21. Property held for another

List any property that the debtor holds or controls that another entity owns. Include any property borrowed from, being stored for, or held in trust. Do

not list leased or rented property.

 None

Part 12: Details About Environment Information

For the purpose of Part 12, the following definitions apply:

Environmental law means any statute or governmental regulation that concerns pollution, contamination, or hazardous material, regardless of the

medium affected (air, land, water, or any other medium).

Site means any location, facility, or property, including disposal sites, that the debtor now owns, operates, or utilizes or that the debtor formerly

owned, operated, or utilized.

Hazardous material means anything that an environmental law defines as hazardous or toxic, or describes as a pollutant, contaminant, or a

similarly harmful substance.

Report all notices, releases, and proceedings known, regardless of when they occurred.

22. Has the debtor been a party in any judicial or administrative proceeding under any environmental law? Include settlements and orders.

 No.

 Yes. Provide details below.

Case title

Case number

Court or agency name and

address

Nature of the case Status of case

23. Has any governmental unit otherwise notified the debtor that the debtor may be liable or potentially liable under or in violation of an

environmental law?

 No.

 Yes. Provide details below.

Site name and address Governmental unit name and

address

Environmental law, if known Date of notice

24. Has the debtor notified any governmental unit of any release of hazardous material?

 No.

 Yes. Provide details below.

Site name and address Governmental unit name and

address

Environmental law, if known Date of notice

Part 13: Details About the Debtor's Business or Connections to Any Business

25. Other businesses in which the debtor has or has had an interest

List any business for which the debtor was an owner, partner, member, or otherwise a person in control within 6 years before filing this case.

Include this information even if already listed in the Schedules.

 None

Business name address Describe the nature of the business Employer Identification number

Do not include Social Security number or ITIN.

Dates business existed

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 11

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Debtor Delta Education Systems, Inc. Case number (if known)

Business name address Describe the nature of the business Employer Identification number

Do not include Social Security number or ITIN.

Dates business existed

25.1. Creative Circus, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Education EIN:

From-To

25.2. Berks Technical Institute, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Education EIN:

From-To

25.3. Atlantic Coast Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Education EIN:

From-To

25.4. McCann Education Centers,

Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Education EIN:

From-To

25.5. Miller-Motte Business College,

Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Education EIN:

From-To

26. Books, records, and financial statements

26a. List all accountants and bookkeepers who maintained the debtor’s books and records within 2 years before filing this case.

 None

Name and address Date of service

From-To

26a.1. Dixon Hughes Goodman LLP

440 Monticello Avenue, #1400

Norfolk, VA 23510

26a.2. Knutte & Associates

7900 Cass Avenue #210

Darien, IL 60561

26b. List all firms or individuals who have audited, compiled, or reviewed debtor’s books of account and records or prepared a financial statement

within 2 years before filing this case.

 None

Name and address Date of service

From-To

26b.1. Dixon Hughes Goodman LLP

440 Monticello Avenue, #1400

Norfolk, VA 23510

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 12

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address Date of service

From-To

26b.2. Knutte & Associates

7900 Cass Avenue #210

Darien, IL 60561

26c. List all firms or individuals who were in possession of the debtor’s books of account and records when this case is filed.

 None

Name and address If any books of account and records are

unavailable, explain why

26c.1. Martina Hansen, CEO

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

26c.2. Dixon Hughes Goodman LLP

440 Monticello Avenue, #1400

Norfolk, VA 23510

26c.3. Knutte & Associates

7900 Cass Avenue #210

Darien, IL 60561

26c.4. Service Solutions for IT

917 Queen Street

Portsmouth, VA 23704

26c.5. Iron Mountain

1 Federal Street

Boston, MA 02110

26d. List all financial institutions, creditors, and other parties, including mercantile and trade agencies, to whom the debtor issued a financial

statement within 2 years before filing this case.

 None

Name and address

26d.1. ACCREDITATION REVIEW COUNCIL ON EDUCATIO

6 WEST DRY CREEK CIRCLE

SUITE 110

LITTLETON, CO 80120

26d.2. ACICS

750 FIRST ST NE #908

WASHINGTON, DC 20002

26d.3. AIG

1 FINANCIAL SQUARE

NEW YORK, NY 10005

26d.4. AMERICAN EXPRESS

ATTN: MECHANT REMITTANCES

PO BOX 53765

PHOENIX, AZ 85072

26d.5. AMERICAN EXPRESS

PO BOX 650448

DALLAS, TX 75265

26d.6. AMERICAN EXPRESS

PO BOX 1270

NEWARK, NJ 07101

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 13

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.7. AMERICAN EXPRESS CENTURION BANK

GURSTEL CHARGO PA

6681 COUNTRY CLUB DR

GOLDEN VALLEY, MN 55427

26d.8. AMERICAN VETERINARY MEDICAL ASSOC

1931 N MEACHAM RD

SUITE 100

SCHAUMBURG, IL 60173

26d.9. ARIZONA STATE BOARD FOR PRIVATE

POSTSECONDARY EDUCATION

1740 W. ADAMS

PHOENIX, AZ 85007

26d.10. BANK OF AMERICA

100 NORTH TRYON STREET

CHARLOTTE, NC 28255

26d.11. CAMPUS MANAGEMENT CORP

5201 CONGRESS AVE

SUITE 220A

BOCA RATON, FL 33487

26d.12. CAPITAL ONE BANK (CSA), N.A

ROANOKE COUNTY GENERAL DIST CT

305 E. MAIN STREET

SALEM, VA 24153

26d.13. CDG GROUP LLC

650 FIFTH AVE

NEW YORK, NY 10019

26d.14. CDW GOVERNMENT, INC

75 REMITTANCE DR

SUITE 1515

CHICAGO, IL 60675

26d.15. CENGAGE LEARNING

PO BOX 95999

CHICAGO, IL 60694

26d.16. CIGNA GROUP INSURANCE

PO BOX 13701

PHILADELPHIA, PA 19101

26d.17. CIGNA HEALTH CARE

PO BOX 644546

PITTSBURGH, PA 15264

26d.18. COMMISSION ON ACCREDITATION FOR

RESPITORY CARE

1248 HARWOOD ROAD

BEDFORD, TX 76021-4244

26d.19. COMMISSION ON ACCREDITATION OF ALLIED

HEALTH EDUCATION PROGRAMS

25400 US HIGHWAY 19 NORTH

SUITE 158

CLEARWATER, FL 33763

26d.20. COMMISSION ON DENTAL ACCREDITATION

211 EAST CHICAGO AVENUE

CHICAGO, IL 60611

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 14

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.21. COMMITTEE ON ACCREDITATION OF EDUCATIONA

EDUCATIONAL PROGRAMS FOR THE

EMS PROFESSIONS

8301 LAKEVIEW PKWY, SUITE 111-312

ROWLETT, TX 75088

26d.22. COUNCIL ON OCCUPATIONAL EDUCATION

7840 ROSWELL RD, BLDG 300

SUITE 325

ATLANTA, GA 30350

26d.23. DELL FINANCIAL SERVICES

PAYMENT PROC. CTR.

4319 COLLECTION CENTER DRIVE

CHICAGO, IL 60693

26d.24. DELTA MANAGEMENT ASSOCIATES INC

PO BOX 9191

CHELSEA, MA 02150

26d.25. DIXON HUGHES GOODMAN, LLP

PO BOX 602828

CHARLOTTE, NC 28260

26d.26. ED MAP, INC.

PO BOX 714569

CINCINNATI, OH 45271

26d.27. EDUCATION PARTNERS LLC

5501-A BALCONES DR

STE 209

AUSTIN, TX 78731

26d.28. EDUFFICIENT - OTHER

6 FOREST AVE

2ND FLOOR

PARAMUS, NJ 07652

26d.29. GEORGIA NONPUBLIC POSTSECONDARY EDUCATIO

2082 E EXCHANGE PLACE

SUITE 220

TUCKER, GA 30084

26d.30. KIRKLAND & ELLIS LLP

300 NORTH LASALLE ST

CHICAGO, IL 60654

26d.31. LOUISIANA BOARD OF REGENTS

1201 N 3RD ST #6

BATON ROUGE, LA 70802

26d.32. MBC CARLISLE LP

PO BOX 472

950 E MAIN ST

SCHUYLKILL HAVEN, PA 17972

26d.33. MCGRAW HILL

EDUCATION HOLDINGS

WELLS FARGO LOCKBOX 6167

PHILADELPHIA, PA 19178

26d.34. MCGRAW-HILL COMPANIES

PO BOX 786167

PHILADELPHIA, PA 19178

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 15

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.35. MCGRAW-HILL COMPANIES

WELLS FARGO LOCKBOX 6167

PO BOX 8500

PHILADELPHIA, PA 19178

26d.36. MEDICAL ASSISTING EDUCATION REVIEW BOARD

20 N WACKER DR

SUITE 1575

CHICAGO, IL 60606

26d.37. NATIONAL ACCREDITING AGENCY FOR CLINICAL

27321 NETWORK PLACE

CHICAGO, IL 60673

26d.38. NATIONAL AUTOMOTIVE TECHNICIANS

EDUCATION FOUNDATION

101 BLUE SEAL DRIVE, SE

SUITE 101

LEESBURG, VA 20175

26d.39. NORTH CAROLINA COMMUNITY COLLEGE SYS

200 W JONES ST

RALEIGH, NC 27603

26d.40. OHIO STATE BOARD OF CAREER COLLEGES AND

SCHOOLS

30 EAST BROAD STREET

SUITE 2481

COLUMBUS, OH 43215

26d.41. PEARSON EDUCATION

PO BOX 409479

ATLANTA, GA 30384

26d.42. PENNSYLVANIA DEPARTMENT OF EDUCATION

333 MARKET STREET

HARRISBURG, PA 17126

26d.43. PENNSYLVANIA WORKFORCE DEVELOPMENT ASSOC

205 HOUSE AVENUE

SUITE 101

CAMP HILL, PA 17011

26d.44. PENSKE TRUCK LEASING

PO BOX 802577

CHICAGO, IL 60680

26d.45. PHEAA

1200 NORTH 7TH ST

HARRISBURG, PA 17102

26d.46. PHEAA

PO BOX 64849

BALTIMORE, MD 21264

26d.47. PITNEY BOWES

1313 N ATLANTIC FL 3

SPOKANE, WA 99201

26d.48. RANDSTAD

MAIL CODE (5602)

PO BOX 105046

ATLANTA, GA 30348

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 16

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.49. RLI

9025 N LINDBERGH DRIVE

PEORIA, IL 61615

26d.50. SALESFORCE.COM, INC

PO BOX 203141

DALLAS, TX 75320

26d.51. SOUTH CAROLINA HIGHER EDUCATION COMMISSI

1122 LADY ST #300

COLUMBIA, SC 29201

26d.52. SPRINT- PO BOX 219903

PO BOX 219903

KANSAS CITY, MO 64121

26d.53. SPRINT-PO BOX 219100

PO BOX 219100

KANSAS CITY, MO 64121

26d.54. SPRINT-PO BOX 4181

PO BOX 4181

CAROL STREAM, IL 60197

26d.55. STAPLES INC

DEPT DC

PO BOX 415256

BOSTON, MA 02241

26d.56. STARR

399 PARK AVENUE, 8TH FLOOR

NEW YORK, NY 10022

26d.57. STATE COUNCIL OF HIGHER EDUCATION FOR VA

101 N 14TH STREET, 10TH FLOOR

RICHMOND, VA 23219

26d.58. STROOCK & STROOCK & LAVAN LLP

180 MAIDEN LANE

NEW YORK, NY 10038

26d.59. SUNTRUST BANK

TRUST FEE UNIT

PO BOX 26489

RICHMOND, VA 23261

26d.60. TENNESSEE HIGHER EDUCATION COMMISSION

TN HIGHER ED COMMISSION

404 JAMES ROBERTSON PKWY #1900

NASHVILLE, TN 37243

26d.61. T-MOBIL

26d.62. TRANSAMERICA

ACCOUNTS RECEIVABLE

PO BOX 20781

LEHIGH VALLEY, PA 18002

26d.63. TUCSON 5151 INVESTMENTS, LLC

1100 N WILMOT

TUCSON, AZ 85712

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 17

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.64. U.S. BANK EQUIPMENT FINANCE

PO BOX 790448

ST LOUIS, MO 63179

26d.65. UNITED VAN LINES - JOHNSON CHERRY CREEK

7009 SOUTH JORDAN RD

CENTENNIAL, CO 80112

26d.66. UNITED VAN LINES dba SMITH DRAY LINE

22304 NETWORK PLACE

CHICAGO, IL 60673

26d.67. US DEPAR OF ED-BOX 530229

GREAT LAKES

PO BOX 530229

ATLANTA, GA 30353

26d.68. US DEPARTMENT OF EDUCATION

PO BOX 979026

ST LOUIS, MO 63197

26d.69. US DEPARTMENT OF EDUCATION

DEBT MGMT & COLLECTIONS SYSTEM

PO BOX 5609

GREENVILLE, TX 75403

26d.70. US DEPARTMENT OF EDUCATION

400 MARYLAND AVENUE SW

WASHINGTON, DC 20202

26d.71. US DEPARTMENT OF VETERAN AFFAIRS

DEBT MANAGEMENT CENTER

BISHOP HENRY WHIPPLE FEDERAL BLDG

ST PAUL, MN 55111

26d.72. US DEPARTMENT OF VETERANS AFFAIRS

ST LOUIS REGIONAL OFFICE

PO BOX 66830

ST LOUIS, MO 63166

26d.73. US DEPT OF EDUCATION

DIRECT LOAN PAYMENT CENTER

PO BOX 530260

ATLANTA, GA 30353

26d.74. VERIZON - PO BOX 660720

PO BOX 660720

DALLAS, TX 75266

26d.75. VERIZON BOX 28000, LEHIGH REMIT

PO BOX 28000

LEHIGH VALLEY, PA 18002

26d.76. VERIZON BUSINESS-BOX 15043

PO BOX 15043

ALBANY, NY 12212

26d.77. VERIZON- PO BOX 15124

PO BOX 15124

ALBANY, NY 12212

26d.78. VERIZON WIRELESS-BOX 25505

PO BOX 25505

LEHIGH VALLEY, PA 18002

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 18

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.79. VERIZON-PO BOX 4830

PO BOX 4830

TRENTON, NJ 08650

26d.80. VERIZON-PO BOX 920041 DALLAS

PO BOX 920041

DALLAS, TX 75392

26d.81. W-EH ECC OWNER VI, LLC / WALTON ACQUISIT

C/O CBRE - ELLIOT CORP CENTER

PO BOX 82550

GOLETA, CA 93118

26d.82. WELLS FARGO BANK NA

PO BOX 70239

PHILADELPHIA, PA 19176

26d.83. WELLS FARGO BANK NA - BUYOUTS

PO BOX 310594

DES MOINES, IA 50331

26d.84. WELLS FARGO EFS-PO BOX 5185

P.O. BOX 5185

SIOUX FALLS, SD 57117

26d.85. WELLS FARGO ELT

STUDENT ASSISTANCE FOUNDATION

2500 BROADWAY

HELENA, MT 59620

26d.86. WELLS FARGO FINANCIAL LEASING

PO BOX 10306

DES MOINES, IA 50306

26d.87. WILLIS AND ASSOCIATES

150 WEST MAIN STREET, SUITE 1840

NORFOLK, VA 23510

26d.88. WILLIS OF NEW YORK, INC.

PO BOX 4557

NEW YORK, NY 10249

26d.89. WILLIS OF TENNESSEE

29982 NETWORK PLACE

CHICAGO, IL 60673

26d.90. WILLIS OF TENNESSEE-PO BOX 905601

PO BOX 905601

CHARLOTTE, NC 28290

26d.91. WILLIS OF VIRGINIA, INC.-12882 COLL CENT

12882 COLLECTIONS CENTER DR

CHICAGO, IL 60693

26d.92. XEROX CORP

PO BOX 7405

PASADENA, CA 91109

26d.93. XEROX CORP-BOX 827598

PO BOX 827598

PHILADELPHIA, PA 19182

26d.94. XEROX CORP-BX 650361

PO BOX 650361

DALLAS, TX 75265

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 19

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Debtor Delta Education Systems, Inc. Case number (if known)

Name and address

26d.95. XEROX EDUCATION SERVICES INC

PO BOX 201322

DALLAS, TX 75320

27. Inventories

Have any inventories of the debtor’s property been taken within 2 years before filing this case?

 No

 Yes. Give the details about the two most recent inventories.

Name of the person who supervised the taking of the

inventory

Date of inventory The dollar amount and basis (cost, market,

or other basis) of each inventory

28. List the debtor’s officers, directors, managing members, general partners, members in control, controlling shareholders, or other people

in control of the debtor at the time of the filing of this case.

Name Address Position and nature of any

interest

% of interest, if

any

Nicholas A. Orum Director

Name Address Position and nature of any

interest

% of interest, if

any

Joseph A. Kennedy, III Director

Name Address Position and nature of any

interest

% of interest, if

any

Williard E. Lynn Director

Name Address Position and nature of any

interest

% of interest, if

any

Martina Hansen 107 S West Street, Ste. 823

Alexandria, VA 22314

Chief Executive Officer

Name Address Position and nature of any

interest

% of interest, if

any

Delta Career Education

Corporation

P.O. Box 1197

Richmond, VA 23218

Stockholder 100

29. Within 1 year before the filing of this case, did the debtor have officers, directors, managing members, general partners, members in

control of the debtor, or shareholders in control of the debtor who no longer hold these positions?

 No

 Yes. Identify below.

Name Address Position and nature of any

interest

Period during which

position or interest

was held

John P. Olsen President and Chief

Executive Officer

Name Address Position and nature of any

interest

Period during which

position or interest

was held

Timothy J. Ryder Interim Chief Financial

Officer

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 20

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Debtor Delta Education Systems, Inc. Case number (if known)

Name Address Position and nature of any

interest

Period during which

position or interest

was held

Bill Nance Vice President

Name Address Position and nature of any

interest

Period during which

position or interest

was held

Kevin A. Smith Treasurer

Name Address Position and nature of any

interest

Period during which

position or interest

was held

Charles P. Brissman Secretary

30. Payments, distributions, or withdrawals credited or given to insiders

Within 1 year before filing this case, did the debtor provide an insider with value in any form, including salary, other compensation, draws, bonuses,

loans, credits on loans, stock redemptions, and options exercised?

 No

 Yes. Identify below.

Name and address of recipient Amount of money or description and value of

property

Dates Reason for

providing the value

30.1

.

See SOFA questions 3 and 4

Relationship to debtor

31. Within 6 years before filing this case, has the debtor been a member of any consolidated group for tax purposes?

 No

 Yes. Identify below.

Name of the parent corporation Employer Identification number of the parent

corporation

Delta Career Education Corporation EIN: 75-3135135

32. Within 6 years before filing this case, has the debtor as an employer been responsible for contributing to a pension fund?

 No

 Yes. Identify below.

Name of the pension fund Employer Identification number of the parent

corporation

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 21

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Debtor Delta Education Systems, Inc. Case number (if known)

Part 14: Signature and Declaration

WARNING -- Bankruptcy fraud is a serious crime. Making a false statement, concealing property, or obtaining money or property by fraud in

connection with a bankruptcy case can result in fines up to $500,000 or imprisonment for up to 20 years, or both.

18 U.S.C. §§ 152, 1341, 1519, and 3571.

I have examined the information in this Statement of Financial Affairs and any attachments and have a reasonable belief that the information is true

and correct.

I declare under penalty of perjury that the foregoing is true and correct.

Executed on

Martina Hansen

Signature of individual signing on behalf of the debtor Printed name

Position or relationship to debtor CEO Delta Education Systems, Inc.

Are additional pages to Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy (Official Form 207) attached?

 No

 Yes

Official Form 207 Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy page 22

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United States Bankruptcy Court

Eastern District of Virginia

In re Delta Education Systems, Inc. Case No.

Debtor(s) Chapter 7

DISCLOSURE OF COMPENSATION OF ATTORNEY FOR DEBTOR

1. Pursuant to 11 U.S.C. § 329(a) and Bankruptcy Rule 2016(b), I certify that I am the attorney for the above-named debtor(s) and that

compensation paid to me, for services rendered or to be rendered on behalf of the debtor(s) in contemplation of or in connection with the

bankruptcy case is as follows:

For legal services, I have agreed to accept $ 19,285.71

Prior to the filing of this statement I have received $ 19,285.71

Balance Due $ 0.00

2. $ 335.00 of the filing fee has been paid.

3. The source of the compensation paid to me was:

 Debtor  Other (specify) See Global Notes

4. The source of compensation to be paid to me is:

 Debtor  Other (specify) N/A

5.  I have not agreed to share the above-disclosed compensation with any other person unless they are members and associates of my law firm.

 I have agreed to share the above-disclosed compensation with a person or persons who are not members or associates of my law firm. A

copy of the agreement, together with a list of the names of the people sharing in the compensation, is attached.

6. In return for the above-disclosed fee, I have agreed to render legal service for all aspects of the bankruptcy case, including:

a. Analysis of the debtor's financial situation, and rendering advice to the debtor in determining whether to file a petition in bankruptcy;

b. Preparation and filing of any petition, schedules, statement of affairs and plan which may be required;

c. Representation of the debtor at the meeting of creditors and confirmation hearing, and any adjourned hearings thereof;

d. Other provisions as needed:

7. By agreement with the debtor(s), the above-disclosed fee does not include the following services:

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CERTIFICATION

I certify that the foregoing is a complete statement of any agreement or arrangement for payment to me for representation of the debtor(s) in

this bankruptcy proceeding.

Date Peter J. Barrett 46179

Signature of Attorney

Kutak Rock LLP

Name of Law Firm

901 East Byrd Street

Suite 1000

Richmond, VA 23219

804-644-1700 Fax: 804-783-6192

For use in Chapter 13 Cases where Fees Requested Not in Excess of $5,223

(For all Cases Filed on or after 01/01/2018)

NOTICE TO DEBTOR(S), STANDING CHAPTER 13 TRUSTEE AND UNITED

STATES TRUSTEE

PURSUANT TO LOCAL BANKRUPTCY RULE 2016-1(C) AND

CLERK’S CM/ECF POLICY 9

Notice is hereby given that pursuant to Local Bankruptcy Rule 2016-1(C), you must file an objection with the court to the fees requested

in this disclosure of compensation opposing said fees in their entirety, or in a specific amount, no later than the last day for filing objections to

confirmation of the chapter 13 plan.

PROOF OF SERVICE

The undersigned hereby certifies that on this date the foregoing Notice was served upon the debtor(s), the standing Chapter 13 trustee,

and U. S. trustee pursuant to Local Bankruptcy Rule 2016-1(C) and the Clerk’s CM/ECF Policy 9, either electronically or in paper form (first class

mail).

Date

Signature of Attorney

[2030edva ver. 01/18]

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}bk1{CreditoAsMarix}bk{

Academy of Court Reporting, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Atlantic Coast Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Baltimore County

c/o Baltimore County Attorney

400 Washington Avenue

Towson, MD 21204

Berks County

c/o Berks County Solicitor

633 Court Street, 13th Floor

Reading, PA 19601

Berks Technical Institutel, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Borough of Carlisle

c/o Carlisle Borough Attorney

53 W South Street

Carlisle, PA 17013

Borough of Catasauqua

c/o Lehigh County Attorney

455 Hamilton Street

Allentown, PA 18101

Borough of Hanover

c/o York County Attorney

45 N George Street

York, PA 17401

Borough of West Goshen

c/o Chester County District Attorney

201 W Market Street, #4450

West Chester, PA 19382

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Borough of Wyomissing

c/o Wyomissing Attorney

22 Reading Boulevard

Wyomissing, PA 19610-2083

Bucks County

c/o Bucks County District Attorney

100 N. Main Street

Doylestown, PA 18901

Chester County

c/o Chester County Attorney

201 W. Market Street, Suite 4450

West Chester, PA 19380-0989

City of Cincinnati

c/o Cincinnati City Attorney

801 Plum Street

Cincinnati, OH 45202

City of Columbus

c/o Columbus City Attorney

77 North Front Street

Columbus, OH 43215

City of Dayton

c/o Dayton City Attorney

101 W. Third Street

Dayton, OH 45402

City of Granville

c/o Licking County Attorney

20 S. Second Street

Newark, OH 43055

City of Hazelton

c/o Luzerne County Attorney

200 N River Street

Wilkes Barre, PA 18711

City of Pottsville

c/o Schuylkill County Attorney

401 N 2nd Street

Pottsville, PA 17901

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City of Springboro

c/o Warren County Attorney

500 Justice Drive

Lebanon, OH 45036

City of Sunbury

c/o Sunbury City Attorney

225 Market Street

Sunbury, PA 17801

City of Troy

c/o Miami County Attorney

201 W. Main Street, 2nd Floor

Troy, OH 45373

County of Anne Arundel

c/o Anne Arundel County Attorney

Heritage Complex, 2660 Riva Road

Annapolis, MD 21404

County of Montgomery

c/o Montgomery County Attorney

2 E. Airy Street

Norristown, PA 19401

Creative Circus, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Cumberland County

c/o Cumberland County District Attorney

1 Courthouse Square, Room 202

Carlisle, PA 17013

Delta Career Education Corporation

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

District of Columbia

c/o District of Columbia Attorney

555 4th Street, NW

Washington, DC 20530

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Field Point Agency Services, Inc.

80 Field Point Road, Ste. 101

Greenwich, CT 06830

Internal Revenue Service

400 N. 8th Street

P.O. Box 76

Richmond, VA 23219

Lehigh County

c/o Lehigh County Attorney

455 Hamilton Street

Allentown, PA 18101

Luzerne County

c/o Luzerne County Attorney

200 North River Street

Wilkes Barre, PA 18711

Marblegate Special Opportunities

Master Fund, L.P.

80 Field Point Road, Ste. 101

Greenwich, CT 06830

McCann Education Centers

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

McCann School of Business and Technology

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Miller-Motte Business College, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

National Career Education, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

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Newton Township

c/o Bucks County District Attorney

100 N. Main Street

Doylestown, PA 18901

Palmetto Technical College, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Perkiomen Valley School District

3 Iron Bridge Drive

Collegeville, PA 19426

Piedmont Business Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Schuykill County

c/o Schuykill County Attorney

401 N 2nd Street

Pottsville, PA 17901

Southwest Business Colleges, Inc.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

State of Alabama

c/o Alabama Attorney General

P.O. Box 300152

Montgomery, AL 36130-0152

State of Arizona

c/o Arizona Attorney General

2005 N. Central Avenue

Phoenix, AZ 85004

State of California

c/o California Attorney General

600 W. Broadway 1800

San Diego, CA 92101

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State of Colorado

c/o Colorado Attorney General

1300 Broadway, 7th Floor

Denver, CO 80203

State of Florida

c/o Florida Attorney General

The Capitol PL-01

Tallahassee, FL 32399-1050

State of Georgia

c/o Georgia Attorney General

40 Capitol Square, SW

Atlanta, GA 30334

State of Illinois

c/o Illinois Attorney General

100 W. Randolph St., 12th Floor

Chicago, IL 60601

State of Iowa

c/o Iowa Attorney General

1305 E Walnut Street, #2

Des Moines, IA 50319

State of Kansas

c/o Kansas Attorney General

3635 SW Avalon Lane

Topeka, KS 66604

State of Louisiana

c/o Louisiana Attorney General

1885 N 3rd Street

Baton Rouge, LA 70802

State of Maryland

c/o Maryland Attorney General

200 Saint Paul Street

Baltimore, MD 21202

State of Michigan

c/o Michigan Attorney General

525 W Ottawa Street

Lansing, MI 48933

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State of Mississippi

c/o Mississippi Attorney General

550 High Street

Jackson, MS 39201

State of Montana

c/o Montana Attorney General

215 N Sanders Street

Helena, MT 59601

State of Nevada

c/o Nevada Attorney General

100 N Carson Street

Carson City, NV 89701

State of New Mexico

c/o New Mexico Attorney General

408 Galistero Street, Villagra Building

Santa Fe, NM 87501

State of North Carolina

c/o North Carolina Attorney General

114 W Edenton Street

Raleigh, NC 27603

State of Ohio

c/o Ohio Attorney General

30 E. Broad St., 14th Floor

Columbus, OH 43215

State of Pennsylvania

c/o Pennsylvania Attorney General

Strawberry Square

Harrisburg, PA 17120

State of South Carolina

c/o South Carolina Attorney General

1000 Assembly Street, Room 519

Columbia, SC 29201

State of Tennessee

c/o Tennessee Attorney General

P.O. Box 20207

Nashville, TN 37202-0207

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State of Texas

c/o Texas Attorney General

P.O. Box 12548

Austin, TX 78711-2548

State of Virginia

c/o Virginia Attorney General

202 North 9th Street

Richmond, VA 23219

State of Wisconsin

c/o Wisconsin Attorney General

114 E State Capitol

Madison, WI 53702

The Miami-Jacobs Business College Co.

c/o The UPS Store

107 S West Street, Ste. 823

Alexandria, VA 22314

Twin Valley School District

4851 N. Twin Valley Road

Elverson, PA 19520

Wilkes-Barre Township

c/o Luzerne County Attorney

200 N River Street

Wilkes Barre, PA 18711

Wilmington School District

300 Wood Street

New Wilmington, PA 16142

Xenia School District

819 Colorado Drive

Xenia, OH 45385

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United States Bankruptcy Court

Eastern District of Virginia

In re Delta Education Systems, Inc. Case No.

Debtor(s) Chapter 7

CORPORATE OWNERSHIP STATEMENT (RULE 7007.1)

Pursuant to Federal Rule of Bankruptcy Procedure 7007.1 and to enable the Judges to evaluate possible disqualification or

recusal, the undersigned counsel for Delta Education Systems, Inc. in the above captioned action, certifies that the

following is a (are) corporation(s), other than the debtor or a governmental unit, that directly or indirectly own(s) 10% or

more of any class of the corporation's(s') equity interests, or states that there are no entities to report under FRBP 7007.1:

Delta Career Education Corporation

P.O. Box 1197

Richmond, VA 23219

 None [Check if applicable]

Date Peter J. Barrett 46179

Signature of Attorney or Litigant

Counsel for Delta Education Systems, Inc.

Kutak Rock LLP

901 East Byrd Street

Suite 1000

Richmond, VA 23219

804-644-1700 Fax:804-783-6192

peter.barrett@kutakrock.com

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ACTION BY WRITTEN CONSENT OF THE

BOARD OF DIRECTORS OF

DELTA EDUCATIONAL SYSTEMS, INC.

a Virginia corporation

The undersigned being all the members of the Board of Directors (the “Board”) of Delta 

Educational Systems, Inc., a Virginia corporation (the “Corporation”), does hereby adopt the 

following recitals and resolutions by written consent in lieu of a meeting in accordance with the 

provisions of Section 13.1-685 of the Code of Virginia, effective as of June __, 2018: 

WHEREAS, the Board has considered the financial and operational conditions of the 

Corporation’s business; 

WHEREAS, the Board has reviewed the historical performance of the Corporation, the assets of 

the Corporation, the market for the Corporation’s services, the availability of financing and the 

current and long-term liabilities of the Corporation; 

WHEREAS, on January 18, 2018, STVT-AAI Education, Inc., doing business as Ancora 

Education, acquired certain indirect assets from an affiliate of the Corporation, Delta Career 

Education Corporation, including campuses operating under the names of Berks Technical 

Institute, McCann School of Business and Technology, Miller-Motte College, Miller Motte 

Technical College and Creative Circus as well as certain campuses that offered professional truck 

driver training under the name of International Schools (the “Asset Sale”);

WHEREAS, immediately after the closing of the Asset Sale, the Corporation and its affiliates 

engaged in a wind-down of any remaining assets of the Corporation and its affiliates, which winddown has now been completed;

WHEREAS, the Board has reviewed, considered and received the recommendations of the senior 

management of the Corporation and the advice of the Corporation’s legal, financial and other

professionals and advisors with respect to potential avenues for relief that are available to the 

Board on behalf of the Corporation, including the risks, benefits and possibility of pursuing an 

orderly liquidation of the Corporation’s business and assets under Chapter 11 of Title 11 of the 

United States Code (the “Bankruptcy Code”); 

WHEREAS, the Board has reviewed, considered and received the recommendations of the senior 

management of the Corporation and the advice of the Corporation’s legal, financial and other 

professionals and advisors with respect to the possibility for success in pursuing an orderly 

liquidation, in light of: (i) the Asset Sale; (ii) the wind-down of the remaining assets of the 

Corporation; (iii) the unavailability of financing to the Corporation; and (iv) the inability of the 

Corporation to generate cash as a result of the wind-down of its assets; 

WHEREAS, the Board has reviewed, considered and received the recommendations of the senior 

management of the Corporation and the advice of the Corporation’s legal, financial and other

professionals and advisors that the Corporation does not have a reasonable possibility of success 

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