DIRT CHEAP SE, LLC Bankruptcy Filing
Case Number: 24-12320
DIRT CHEAP SE, LLC filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on October 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-12320.
DIRT CHEAP SE, LLC Filing Information
DIRT CHEAP SE, LLC, a corporation, has filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the State of Delaware. According to court documents, the company's bankruptcy filing was made on October 10, 2024, with case number 24-12320. As part of this process, DIRT CHEAP SE, LLC will seek to restructure its debts and negotiate a plan to emerge from bankruptcy. The corporation is based at 6892 US Hwy 49 North, Hattiesburg MS, and has filed the bankruptcy petition under the guidance of Judge Thomas M Horan. This filing marks an important milestone in the company's financial restructuring efforts, providing a framework for DIRT CHEAP SE, LLC to address its financial obligations and work towards a stable future.
DIRT CHEAP SE, LLC has filed for bankruptcy, marking a significant milestone for the company. The filing, which was recently made public, reveals that the business is facing substantial financial challenges. According to court documents, DIRT CHEAP SE, LLC's assets are valued within an unspecified range, indicating a potential for significant losses. This contrasts with its liabilities, which are also estimated but specifics are not available at this time. The company has secured the support of its creditors, as it is believed that they number around 50 individuals and businesses. Industry experts have noted that the retail sector, in which DIRT CHEAP SE, LLC operates, is facing increasing competition and economic pressures. As a result, companies like DIRT CHEAP SE, LLC are being forced to restructure or seek bankruptcy protection to survive.
DIRT CHEAP SE, 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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DIRT CHEAP SE, LLC Docket Header
PlnDue, DsclsDue, CLMSAGNT, JNTADMN |
District of Delaware (Delaware)
Bankruptcy Petition #: 24-12320-TMH
Assigned to: Bankruptcy Judge Thomas M Horan Chapter 11 Voluntary Asset |
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Debtor Dirt Cheap SE, LLC 6892 US Hwy 49 North Hattiesburg, MS 39402 FORREST-MS Tax ID / EIN: 37-1714928 aka Channel Control Merchants aka Dirt Cheap aka Treasure Hunt aka Dirt Cheap Building Supplies |
rep. by |
Andrew L Magaziner
Young Conaway Stargatt & Taylor, LLP Rodney Square 1000 North King Street Wilmington, DE 19801 302-571-6600 Email: amagaziner @ ycst.com |
U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |
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Claims Agent Epiq Corporate Restructuring, LLC www.epiqsystems.com 777 Third Avenue, 12th Floor New York, NY 10017 646-282-2500 |