ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, INC. Bankruptcy Filing

Filing Information

ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, INC. filed a 11 chapter bankruptcy in the District of Guam bankruptcy court on April 26, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-00005.

ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, INC. Bankruptcy Information

The bankruptcy petition for ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, INC. reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as 'None of the Above'. The options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, 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.

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ASIA PACIFIC FINANCIAL MANAGEMENT GROUP, INC. Bankruptcy Docket Header

Subchapter_V, SmBus, PlnDue, DsclsDue

Bankruptcy Division
District Court of Guam (Hagatna)
Bankruptcy Petition #: 23-00005

Assigned to: Chief Judge Frances M. Tydingco-Gatewood
Chapter 11
Voluntary
Asset

Date filed:

04/26/2023

Debtor Asia Pacific Financial Management Group, Inc. 145 Aspinall Avenue Hagatna, GU 96910 ALL JURISDICTIONS-GU (671) 472-6400 Tax ID / EIN: 66-0493272	rep. by	Joyce C.H. Tang Civille and Tang, PLLC 330 Hernan Cortez Avenue Suite 200 Hagatna, GU 96910 671-472-8868 Fax : 671-477-2511 Email: jtang @ civilletang.com
U.S. Trustee Curtis Ching Office of the U.S. Trustee 300 Ala Moana Boulevard Room 4108 Honolulu, HI 96850 808-522-8154

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