F.A.M. DEVELOPMENT INC. Bankruptcy Filing
F.A.M. DEVELOPMENT INC. Bankruptcy Date
F.A.M. DEVELOPMENT INC. filed a 11 chapter bankruptcy in the Northern District of Illinois bankruptcy court on July 12, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-10155.
F.A.M. DEVELOPMENT INC. Bankruptcy Information
The bankruptcy petition for F.A.M. DEVELOPMENT INC. showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100,001-$1,000,000. F.A.M. DEVELOPMENT INC. 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 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'.
Unsecured Creditor Treatment in F.A.M. DEVELOPMENT INC. Bankruptcy:
F.A.M. DEVELOPMENT 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.
F.A.M. DEVELOPMENT INC. Bankruptcy Docket Header
DsclsDue, PlnDue |
Northern District of Illinois (Eastern Division)
Bankruptcy Petition #: 24-10155
Assigned to: Honorable Judge Timothy A. Barnes Chapter 11 Voluntary No asset |
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Debtor 1 F.A.M. Development Inc. 183-185 West 162nd Street South Holland, IL 60473 COOK-IL Tax ID / EIN: 86-1328645 |
rep. by |
F.A.M. Development Inc.
PRO SE |
U.S. Trustee Patrick S Layng Office of the U.S. Trustee, Region 11 219 S Dearborn St Room 873 Chicago, IL 60604 312-886-5785 |