K-CAD, INC. Bankruptcy Filing

Case Number: 09-00671

K-CAD, INC. filed a 11 chapter bankruptcy in the Eastern District of Washington bankruptcy court on February 12, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-00671.

K-CAD, INC. Filing Information

The bankruptcy petition for K-CAD, INC. showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. K-CAD, INC. reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

K-CAD, 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. This is a bad sign for creditors as it implies that no recovery is likely.

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K-CAD, INC. Docket Header

SmBusiness, ConvPend




UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF WASHINGTON (Spokane/Yakima)
Bankruptcy Petition #: 09-00671-PCW11

Assigned to: Judge Patricia C Williams
Chapter 11
Voluntary
Asset


Date filed:  02/12/2009

Debtor
K-Cad, Inc.
111 5th St.
PO Box 267
Usk, WA 99180
Tax ID / EIN: 91-1673970

rep. by Dale L Russell
Russell Law Firm
P O Box 1225
Deer Park, WA 99006-1225
509 276-5014
Fax : 509 276-7161
Email:
ethelruss @ aol.com

U.S. Trustee
US Trustee
US Court House
920 W Riverside Ave, Suite 593
Spokane, WA 99201
509-353-2999
rep. by Gary W Dyer
U S Trustee's Office
920 W Riverside Ave
Suite 593
Spokane, WA 99201
509-353-2999
Fax : 509-353-3124
Email:
Gary.W.Dyer @ usdoj.gov

Gary W Dyer^
U S Trustee's Office
920 W Riverside Ave
Suite 593
Spokane, WA 99201
509-353-2999
Fax : 509-353-3124
Email:
Gary.W.Dyer @ usdoj.gov

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