COMMONWEALTH INVESTMENTS CORP. Bankruptcy Filing
Case Number: 08-30004
COMMONWEALTH INVESTMENTS CORP. filed a 7 chapter bankruptcy in the District of Virgin Islands bankruptcy court on March 12, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-30004.
COMMONWEALTH INVESTMENTS CORP. Filing Information
The bankruptcy petition for COMMONWEALTH INVESTMENTS CORP. showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. COMMONWEALTH INVESTMENTS CORP. 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'.
COMMONWEALTH INVESTMENTS CORP. 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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COMMONWEALTH INVESTMENTS CORP. Docket Header
CONVERTED, PlnDue, DsclsDue |
District Court of the Virgin Islands - Bankruptcy Division (Ron De Lugo Federal Bldg. & Courthouse, 5500 Veterans Drive, Suite 310, Charlotte Amalie, VI 00802)
Bankruptcy Petition #: 3:08-bk-30004-MFW
Assigned to: Mary F. Walrath Chapter 7 Previous chapter 11 Voluntary Asset |
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| Debtor Commonwealth Investments Corp., Debtor 6545 Glucksberg St. John, VI 00830 Tax ID / EIN: 52-2081292 |
rep. by |
Benjamin A. Currence
BENJAMIN A. CURRENCE P. C. P.O.Box 6143 St. Thomas, VI 00804-6143 340 775-3434 Email: currence @ surfvi.com |
| Trustee Kathleen Mackay P.O. Box 303678 St. Thomas, VI 00803 340-774-3971 SSN / ITIN: xxx-xx-3092 |
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| U.S. Trustee Guy G. Gebhardt Office of the United States Trustee 75 Spring St. Ste 362 R. Russell Bldg. Atlanta, GA 30303 404-331-4437 SSN / ITIN: xxx-xx-0000 |
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| U.S. Trustee UNITED STATES TRUSTEE UNITED STATES TRUSTEE 362 RICHARD B RUSSELL BUILDING 72 SPRING STREET ATLANTA, GA 30303 404 331-4437 |
rep. by | Sheri Ewen
U.S. Trustee's Office Email: Sheri.L.Ewen @ usdoj.gov |
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