564 ASHFORD STREET, INC. Bankruptcy Filing

Case Number: 24-43642

564 ASHFORD STREET, INC. filed a 7 chapter bankruptcy in the Eastern District of New York bankruptcy court on September 04, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-43642.

564 ASHFORD STREET, INC. Filing Information

In a move that marks an uncertain future for 564 ASHFORD STREET, INC., the company has filed for Chapter 7 bankruptcy on September 4, 2024. The court case, designated as 24-43642, was filed with the New York Eastern Court, where Judge Jil Mazer-Marino will oversee the proceedings. As a corporation, 564 ASHFORD STREET, INC. is seeking protection under Bankruptcy Code Chapter 7, which typically allows for the liquidation of assets to pay off creditors. With its headquarters located at 564 Ashford Street in Brooklyn, NY, the company's bankruptcy filing brings an end to its operations and raises questions about the impact on employees, customers, and stakeholders. The court will now take steps to process the company's financial records and determine a course of action for its assets, as authorized by Chapter 7 of the Bankruptcy Code.

564 ASHFORD STREET, INC. 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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564 ASHFORD STREET, INC. Docket Header


Assigned to: Jil Mazer-Marino
Chapter 7
Voluntary
No asset

Date filed:  09/04/2024
341 meeting:  10/10/2024

Debtor
564 Ashford Street, Inc.
564 Ashford Street
Brooklyn, NY 11207
KINGS-NY
Tax ID / EIN: 47-3136023

rep. by 564 Ashford Street, Inc.
PRO SE



Trustee
David J. Doyaga
David J. Doyaga, Trustee
26 Court Street
Suite 1803
Brooklyn, NY 11242
718-488-7500

   
U.S. Trustee
Office of the United States Trustee
Eastern District of NY (Brooklyn)
Alexander Hamilton Custom House
One Bowling Green
Room 510
New York, NY 10004-1408
(212) 206-2580
   

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