DIXON FLEET SERVICES, LLC Bankruptcy Filing
Case Number: 24-03534
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DIXON FLEET SERVICES, LLC filed a 11 chapter bankruptcy in the Eastern District of North Carolina bankruptcy court on October 08, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-03534.
DIXON FLEET SERVICES, LLC Filing Information
DIXON FLEET SERVICES, LLC filed for Chapter 11 bankruptcy on October 8, 2024, with case number 24-03534. The corporation-based organization has selected the North Carolina Eastern Court to oversee its restructuring efforts. The debtor's address is listed as P.O. Box 598 in Zebulon, NC. This move marks a significant step for DIXON FLEET SERVICES, LLC as it seeks to restructure its financial obligations and potentially emerge from bankruptcy with a revised business plan. With the court's guidance, the company will work to address its financial challenges and navigate the complexities of Chapter 11 bankruptcy, which provides a framework for restructuring debt and preserving assets.
Dixon Fleet Services, LLC has filed for bankruptcy, marking a significant development in the company's financial landscape. The filing reveals that the firm's assets fall within the range of $1 million to $10 million, while its liabilities also span this same range. This data points to a relatively modest level of debt, although the exact number of creditors is currently unknown as it has not been disclosed publicly. As a company operating in the highway, street, and bridge construction industry, Dixon Fleet Services, LLC will likely face challenges in navigating this phase of financial restructuring. With its business centered on infrastructure development, the company's future prospects may be influenced by factors such as government funding, market demand, and competition within the industry.
DIXON FLEET SERVICES, 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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DIXON FLEET SERVICES, LLC Docket Header
Assigned to: Chapter 11 Voluntary Asset |
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Debtor Dixon Fleet Services, LLC P.O. Box 598 Zebulon, NC 27597 WAKE-NC Tax ID / EIN: 84-3938161 |
rep. by | Laurie B. Biggs
Biggs Law Firm PLLC 9208 Falls of Neuse Road Suite 120 Raleigh, NC 27615 919-375-8040 Fax : 919-341-9942 Email: lbiggs @ biggslawnc.com |