LOAN STOP ACQUISITIONS, LLC Bankruptcy Filing

Filing Information

LOAN STOP ACQUISITIONS, LLC filed for Chapter 7 bankruptcy on October 10, 2024, with case number 24-16031. The Colorado-based corporation has initiated this process as part of a formal restructuring plan to address its financial obligations. This move marks an important step in the company's efforts to restructure and potentially emerge from bankruptcy. Under Chapter 7, LOAN STOP ACQUISITIONS, LLC will be liquidating its assets to pay off debts and settle outstanding claims. The court has assigned Judge Kimberley H. Tyson to oversee the case. The debtor's address for filing purposes is listed as Snell & Wilmer, with a specific address in Dallas, TX, however, this may not reflect the company's actual location of operation. As the bankruptcy process unfolds, stakeholders will be keenly watching developments regarding LOAN STOP ACQUISITIONS, LLC's financial future and any potential restructuring plans that may emerge from this Chapter 7 filing.

LOAN STOP ACQUISITIONS, LLC has filed for bankruptcy, a development that underscores the financial challenges faced by the company. According to recent data, the firm's assets range from $0 to $100,000, indicating limited liquidity and potential constraints on its operations. With only one creditor, LOAN STOP ACQUISITIONS, LLC is heavily reliant on this single entity for support. The company's liabilities, meanwhile, sit within the $100,001-$1,000,000 threshold, suggesting substantial debt obligations that will need to be addressed in the bankruptcy proceedings. As a nondepository credit intermediary, LOAN STOP ACQUISITIONS, LLC operates in the financial services sector, where companies often navigate complex regulatory environments and intense competition. With its limited assets and significant liabilities, this filing highlights the company's struggles to maintain financial stability in an increasingly competitive market.

LOAN STOP ACQUISITIONS, 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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LOAN STOP ACQUISITIONS, LLC Bankruptcy Docket Header


Assigned to: Kimberley H. Tyson
Chapter 7
Voluntary
No asset
Date filed:  10/10/2024

Debtor
Loan Stop Acquisitions, LLC
Snell & Wilmer
2501 N Harwood St.
Suite 1850
Dallas, TX 75201
DENVER-CO
214-305-7301

 rep. by James Seth Moore
Snell & Wilmer
2501 North Harwood St.
Ste 1850
Dallas, TX 75201
214-305-7320
Email:
 semoore @ swlaw.com

Trustee
Simon E. Rodriguez
P.O. Box 36324
Denver, CO 80236
303-969-9100

    
U.S. Trustee
US Trustee
Byron G. Rogers Federal Building
1961 Stout St.
Ste. 12-200
Denver, CO 80294
303-312-7230 		   

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