Novation Companies, Inc., along with its affiliates, filed a motion for joint administration of their Chapter 11 bankruptcy cases in the US Bankruptcy Court on August 13, 2023. As per the motion, the debtor seeks the joint administration of the cases of its affiliates, Novation Holdings, Inc., Healthcare Staffing, Inc. and NovaStar Mortgage, LLC, with its own case for administrative and procedural purposes. Novation Companies, Inc. has been proposed as the lead debtor.