HANCOCK FABRICS Bankruptcy News, Issue No. 31

BCSI reports on latest events arising in the chapter 11 cases commenced by HF Resources Inc, Hancock Fabrics Inc, Hancock Fabrics LLC, Hancock Fabrics of MI Inc and Hancockfabrics.com Inc.

(EMAILWIRE.COM, May 07, 2008 ) FAIRLESS HILLS, Pa. -- May 7, 2008 -- Bankruptcy Creditors' Service, Inc., published Issue No. 31 of HANCOCK FABRICS BANKRUPTCY NEWS today. The 9-page newsletter contains stories with these headlines:


[00289] DEBTORS' MOTION TO APPROVE SETTLEMENT PACT WITH C. DRAIN
[00290] DEBTORS' MOTION TO APPROVE SETTLEMENT WITH PAT TALBOTT
[00291] DEBTORS' OBJECTION TO MISSISSIPPI STATE'S TAX CLAIMS
[00292] DEBTORS' 12TH OMNIBUS OBJECTION TO CLAIMS
[00293] STIPULATIONS RESOLVING 10 LANDLORDS' CLAIMS
[00294] ADVERSARY PROCEEDING -- Hancock v. SC Diamond, et al.
[00295] BERMIN INDUSTRIES WITHDRAWS CLAIM NO. 1690
[00296] TRADE CREDITORS SELL FIVE CLAIMS TOTALING $187,278
[00297] HANCOCK'S MONTHLY OPERATING REPORT -- Ended April 5, 2008
[00298] DEANGELIS APPOINTED AS ACTING U.S. TRUSTEE FOR REGION 3


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=HANCOCK|FABRICS for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

HANCOCK FABRICS BANKRUPTCY NEWS tracks the restructuring of HF Resources Inc, Hancock Fabrics Inc, Hancock Fabrics LLC, Hancock Fabrics of MI Inc and Hancockfabrics.com Inc.

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HANCOCK FABRICS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

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