LENDER SYSTEMS, INC. Bankruptcy Filing
Case Number: 24-15084
LENDER SYSTEMS, INC. filed a 7 chapter bankruptcy in the Central District of California bankruptcy court on August 29, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-15084.
LENDER SYSTEMS, INC. Filing Information
Lender Systems, Inc., a corporation-based organization, has filed for Chapter 7 bankruptcy. The filing occurred on August 29, 2024, with case number 24-15084 at the California Central Court. This marks the beginning of a formal process aimed at restructuring or liquidating the company's assets to satisfy outstanding debts. As the debtor, Lender Systems, Inc., will be subject to the oversight and guidance of Judge Wayne E. Johnson, whose court will oversee the case. The filing is a significant development, indicating that the organization has determined it is unable to pay its debts as they become due. Under Chapter 7, the company's assets will be sold or liquidated to satisfy claims against it, with any remaining funds distributed among creditors according to priority.
LENDER SYSTEMS, 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.
How Bankruptcy Monitoring Works
At Bankruptcy Observer, our mission is to save you time and simplify the process of accessing and monitoring bankruptcy cases. Whether you're a legal professional, financial analyst, business owner, competitor, or employee of a bankrupt company, our platform will help you to stay informed and stay organized quickly and efficiently.
|
Subscribe for Full Access With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
|
|
Search & Select Cases Search & Select Cases After subscribing, use our powerful search tool to find the bankruptcy cases you want to monitor. Simply sign up for alerts on each case to start receiving daily update. (Monitor up to 5 cases at the same time.) |
|
Pay-As-You-Go Option If you only need to monitor a single case, you can do so without subscribing. For just $14.99, you can set up monitoring for one case, receiving the same timely alerts without the full subscription commitment. |
|
|
Receive Real-Time Alerts With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
LENDER SYSTEMS, INC. Docket Header
Assigned to: Wayne E. Johnson Chapter 7 Voluntary No asset |
|
| Debtor Lender Systems, Inc. 43391 Business Park Dr. #C4 Temecula, CA 92590 RIVERSIDE-CA Tax ID / EIN: 30-0605133 |
rep. by |
Suzette Douglas
Douglas Law Practice 330 North D street Ste 510 San Bernardino, CA 92401 909-342-6229 Email: notices4douglaslawpractice @ gmail.com |
| U.S. Trustee United States Trustee (RS) 3801 University Avenue, Suite 720 Riverside, CA 92501-3200 (951) 276-6990 |