FARRAND STREET ASSOCIATES, LLC Bankruptcy Filing
FARRAND STREET ASSOCIATES, LLC Bankruptcy Date
FARRAND STREET ASSOCIATES, LLC filed a 11 chapter bankruptcy in the District of New Jersey bankruptcy court on July 09, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-16821.
FARRAND STREET ASSOCIATES, LLC Bankruptcy Information
The bankruptcy petition for FARRAND STREET ASSOCIATES, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $1MM - $10MM. FARRAND STREET ASSOCIATES, LLC 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 FARRAND STREET ASSOCIATES, LLC Bankruptcy:
FARRAND STREET ASSOCIATES, LLC indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.
FARRAND STREET ASSOCIATES, LLC Bankruptcy Docket Header
DefPet |
District of New Jersey (Newark)
Bankruptcy Petition #: 24-16821-JKS
Assigned to: Judge John K. Sherwood Chapter 11 Voluntary Asset |
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Debtor Farrand Street Associates, LLC 46-50 Farrand Street Bloomfield, NJ 07003 ESSEX-NJ Tax ID / EIN: 86-3796182 |
rep. by |
Stephen B. McNally
McNally Law, LLC 93 Main Street Suite 201 Newton, NJ 07860 973-300-4260 Email: steve @ mcnallylawllc.com |
U.S. Trustee U.S. Trustee US Dept of Justice Office of the US Trustee One Newark Center Ste 2100 Newark, NJ 07102 (973) 645-3014 |