MATTHEW SAND & GRAVEL, INC. Bankruptcy Filing
Case Number: 24-03237
MATTHEW SAND & GRAVEL, INC. filed a 11 chapter bankruptcy in the Eastern District of North Carolina bankruptcy court on September 18, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-03237.
MATTHEW SAND & GRAVEL, INC. Filing Information
MATTHEW SAND & GRAVEL, INC., a North Carolina-based corporation, filed for Chapter 11 bankruptcy protection on September 18, 2024 (Bankruptcy Date), with case number 24-03237. The company, which operates as MATTHEW SAND & GRAVEL, INC., has listed its address at 25 Carmil Drive in Selma, NC. This bankruptcy filing marks an important milestone for the organization, indicating that it is seeking financial reorganization under the guidance of Bankruptcy Judge Pamela W. McAfee. As a corporation, MATTHEW SAND & GRAVEL, INC. will be subject to the provisions of Chapter 11 bankruptcy, which allow for the restructuring of its debts and assets in an effort to achieve long-term sustainability. The specific details of the company's financial situation and plans for reorganization are not yet publicly available, but this filing signals a significant development in MATTHEW SAND & GRAVEL, INC.'s financial future.
MATTHEW SAND & GRAVEL, 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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MATTHEW SAND & GRAVEL, INC. Docket Header
CARRIE |
Eastern District of North Carolina
RALEIGH DIVISION
Bankruptcy Petition #: 24-03237-5-PWM
Assigned to: Judge Pamela W. McAfee Chapter 11 Voluntary Asset |
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| Debtor Matthew Sand & Gravel, Inc. 25 Carmil Drive Selma, NC 27576 JOHNSTON-NC Tax ID / EIN: 20-0370471 |
rep. by | J.M. Cook
J.M. Cook, P.A. 5886 Faringdon Place Suite 100 Raleigh, NC 27609 919-675-2411 Fax : 919-882-1719 Email: J.M.Cook @ jmcookesq.com |