ARKA ASSOCIATES, LLC Bankruptcy Filing

Case Number: 24-20153

ARKA ASSOCIATES, LLC filed a 7 chapter bankruptcy in the Southern District of Texas bankruptcy court on June 03, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-20153.

ARKA ASSOCIATES, LLC Filing Information

ARKA ASSOCIATES, LLC filed for bankruptcy on June 3, 2024, under Chapter 7 of the US Bankruptcy Code. The corporation, based at 1330 South Commercial St., Aransas Pass, TX, has commenced a process to restructure or liquidate its assets. The case number assigned to this filing is 24-20153 and will be heard by Judge Marvin Isgur at the Texas Southern Court. This marks a significant development in the financial situation of ARKA ASSOCIATES, LLC, as it seeks to address any insurmountable debt obligations through the bankruptcy process. Bankruptcy filings are typically confidential, but this information is publicly available due to its significance and impact on stakeholders.

ARKA ASSOCIATES, LLC 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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ARKA ASSOCIATES, LLC Docket Header

PlnDue, DsclsDue




U.S. Bankruptcy Court
Southern District of Texas (Corpus Christi)
Bankruptcy Petition #: 24-20153

Assigned to:
Chapter 11
Voluntary
Asset

Date filed:  06/03/2024

Debtor
Arka Associates, LLC
1330 South Commercial St.
Aransas Pass, TX 78336
SAN PATRICIO-TX
Tax ID / EIN: 87-3354813
dba Cruz In Motel
fka Neptune Motel

rep. by Arka Associates, LLC
PRO SE



U.S. Trustee
US Trustee
615 E. Houston Street
Suite 533
San Antonio, TX 78205
   

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