HESTIA PROPERTIES LLC Bankruptcy Filing
Case Number: 24-22871
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HESTIA PROPERTIES LLC filed a 7 chapter bankruptcy in the Southern District of New York bankruptcy court on October 09, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-22871.
HESTIA PROPERTIES LLC Filing Information
HESTIA PROPERTIES LLC has filed for Chapter 7 bankruptcy, marking a significant milestone for the company. According to court records, HESTIA PROPERTIES LLC filed for bankruptcy on October 9, 2024, with case number 24-22871, and is being heard by Judge Sean H. Lane in the New York Southern Court. This filing indicates that the corporation has reached an impasse with its creditors and seeks protection under Chapter 7 of the US Bankruptcy Code. The bankruptcy date marks a critical moment for HESTIA PROPERTIES LLC as it navigates this challenging process, which will likely involve the liquidation of its assets to satisfy outstanding debts. With its headquarters located at 40 Ewing Avenue in Spring Valley, NY, the company's decision to seek bankruptcy protection is expected to have far-reaching implications for its stakeholders and the wider business community.
HESTIA PROPERTIES LLC has filed for bankruptcy, with the exact details now available. The company's assets fall within a range of $100,001 to $1,000,000. This indicates that HESTIA PROPERTIES LLC possesses a significant amount of property and other assets, but is not in possession of substantial holdings. The number of creditors is between 1 and 49, suggesting that the bankruptcy filing may have been a last resort for the company due to its limited creditor base. The liabilities of HESTIA PROPERTIES LLC also fall within a similar range, from $100,001 to $1,000,000. As a Lessors of Real Estate business, HESTIA PROPERTIES LLC is primarily involved in renting out properties, which suggests that the bankruptcy filing may be related to issues with property management or cash flow. With this information, it appears that the company's financial situation was precarious, leading it to seek protection under bankruptcy law.
HESTIA PROPERTIES 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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HESTIA PROPERTIES LLC Docket Header
Assigned to: Judge Sean H. Lane Chapter 7 Voluntary No asset |
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| Debtor Hestia Properties LLC 40 Ewing Avenue Spring Valley, NY 10977 ROCKLAND-NY Tax ID / EIN: 13-4140449 |
rep. by |
Hestia Properties LLC
PRO SE |
| U.S. Trustee United States Trustee Office of the United States Trustee - NY Alexander Hamilton Custom House One Bowling Green, Room 534 New York, NY 10004-1408 (212) 510-0500 |