FINANCIAL SERVICES ACCEPTANCE CORPORATION Bankruptcy Filing

Filing Information

FINANCIAL SERVICES ACCEPTANCE CORPORATION filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on June 17, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-12107.

FINANCIAL SERVICES ACCEPTANCE CORPORATION Bankruptcy Information

The bankruptcy petition for FINANCIAL SERVICES ACCEPTANCE CORPORATION showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. FINANCIAL SERVICES ACCEPTANCE CORPORATION reports that the number of creditors is in the range of 25,001- 50,000.

The debtor indicated their nature of business as 'None of the Above'. 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'.

FINANCIAL SERVICES ACCEPTANCE CORPORATION 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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FINANCIAL SERVICES ACCEPTANCE CORPORATION Bankruptcy Docket Header

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U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 09-12107-MFW

Assigned to: Mary F. Walrath
Chapter 11
Voluntary
Asset
Show Associated Cases
Date filed:??06/17/2009

Debtor
Sandy Financial Services Acceptance Corporation
10401 N.E. 8th Street, Suite 500
Bellevue, WA 98004
Tax ID / EIN: 36-4407532

 rep. by Michael R. Nestor
Young Conaway Stargatt & Taylor
The Brandywine Bldg.
1000 West Street, 17th Floor
PO Box 391
Wilmington, DE 19899
usa
302-571-6600
Fax : 302-571-1253
Email:
bankfilings @ ycst.com

U.S. Trustee
United States Trustee
844 King Street, Room 2207
Lockbox #35
Wilmington, DE 19899-0035
302-573-6491 		? ?

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