3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY Bankruptcy Filing

Case Number: 24-21716

3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY filed a 11 chapter bankruptcy in the District of New Jersey bankruptcy court on November 26, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-21716.

3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY Filing Information

The bankruptcy petition for 3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. 3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as Single Asset Real Estate. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.

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3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY Docket Header


Assigned to:
Chapter 11
Voluntary
Asset

Date filed:  11/26/2024

Debtor
3125-3129 SUMMIT AVE LIMITED LIABILITY COMPANY
3125-3129 Summit Ave
Union City, NJ 07087
HUDSON-NJ
Tax ID / EIN: 40-0597720
dba 3125-3129 Summit Ave, LLC
dba 3125-29 Summit Ave LLC
dba 3125-3129 Summit Avenue LLC

rep. by David L. Stevens
Scura, Wigfield, Heyer & Stevens
1599 Hamburg Turnpike
Wayne, NJ 07470
973-696-8391
Email:
 dstevens @ scura.com

U.S. Trustee
U.S. Trustee
US Dept of Justice
Office of the US Trustee
One Newark Center Ste 2100
Newark, NJ 07102
(973) 645-3014
   

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