CLOUD BERN LLC Bankruptcy Filing
Case Number: 24-25010
The only site online to monitor the bankruptcy of CLOUD BERN LLC Access the up-to-date docket and all documents filed in the bankruptcy using our modern online platform.
CLOUD BERN LLC filed a 11 chapter bankruptcy in the Western District of Tennessee bankruptcy court on October 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-25010.
CLOUD BERN LLC Filing Information
The bankruptcy petition for CLOUD BERN LLC showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. CLOUD BERN LLC 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 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'.
CLOUD BERN LLC has filed for bankruptcy, citing a significant debt burden. According to court documents, the company's assets are valued within the $1 million to $10 million range, which is a relatively modest amount considering its industry classification as a furniture store retailer. The filing indicates that the business has accumulated liabilities in this same range. CLOUD BERN LLC's bankruptcy case was filed with 4-49 creditors, suggesting that the company may have struggled to pay suppliers and other partners. As a furniture store, CLOUD BERN LLC likely operated a brick-and-mortar location or an e-commerce platform, selling products such as home furnishings, mattresses, or office equipment. The exact reasons for the bankruptcy are not specified, but the filing indicates that the business is seeking relief from its creditors in an effort to restructure its debt and prevent further financial distress.
CLOUD BERN 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.
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CLOUD BERN LLC Docket Header
Incomplete, Subchapter_V, PlnDue, PrimBusDebts |
Western District of Tennessee (Memphis)
Bankruptcy Petition #: 24-25010
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor Cloud Bern LLC 3362 Summer Ave. Memphis, TN 38122-5135 SHELBY-TN Tax ID / EIN: 83-1511354 dba Furniture Central |
rep. by |
Toni Campbell Parker
Law Office of Toni Campbell Parker 45 N. Third, Ste. 201 Memphis, TN 38103 901-483-1020 Fax : 866-489-7938 Email: tparker002 @ att.net |
| U.S. Trustee U.S. Trustee Office of the U.S. Trustee One Memphis Place 200 Jefferson Avenue, Suite 400 Memphis, TN 38103 |