MOTOLEASE TITLING TRUST II, LLC Bankruptcy Filing
Case Number: 24-18137
MOTOLEASE TITLING TRUST II, LLC filed a 7 chapter bankruptcy in the Central District of California bankruptcy court on October 04, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-18137.
MOTOLEASE TITLING TRUST II, LLC Filing Information
MOTOLEASE TITLING TRUST II, LLC filed for bankruptcy on October 4, 2024, with case number 24-18137, according to court records. The corporation-based organization has sought protection under Chapter 11 of the US Bankruptcy Code in California Central Court. Judge Deborah J. Saltzman presides over the case. The debtor is listed as MOTOLEASE TITLING TRUST II, LLC at its address: 10866 Wilshire Blvd., Ste. 800, Los Angeles, CA. This bankruptcy filing marks a significant step for the company, which will need to navigate the complexities of restructuring and reorganization under the guidance of its assigned court and financial advisors. The specifics of the case, including the causes of the bankruptcy and potential plans for recovery, are currently being shaped by the debtor and their representatives.
MOTOLEASE TITLING TRUST II, LLC has filed for bankruptcy, marking a significant step in the company's financial restructuring. The filing, which falls under the Nondepository Credit Intermediation industry, reveals a substantial asset range of $0-$100,000, suggesting that the company's financial position is precarious but not critically depleted. With only 1-49 creditors listed, the number of parties affected by this bankruptcy is relatively small compared to larger corporations. The liabilities of MOTOLEASE TITLING TRUST II, LLC also fall within a narrow range of $0-$100,000, indicating that the company's debts are manageable and largely contained. As a nondepository credit intermediary, the business likely provides financing services or other financial support to individuals or entities. The specifics of this case will continue to be scrutinized as the bankruptcy proceedings unfold, providing valuable insights into the company's operations and future prospects.
MOTOLEASE TITLING TRUST II, 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. This is a bad sign for creditors as it implies that no recovery is likely.
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MOTOLEASE TITLING TRUST II, LLC Docket Header
Incomplete |
Central District of California (Los Angeles)
Bankruptcy Petition #: 2:24-bk-18137-DS
Assigned to: Deborah J. Saltzman Chapter 7 Voluntary No asset |
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| Debtor MotoLease Titling Trust II, LLC 10866 Wilshire Blvd. Ste 800 Los Angeles, CA 90024 LOS ANGELES-CA Tax ID / EIN: 37-6686006 |
rep. by |
Marc Weitz
Law Office of Marc Weitz 633 W 5th St, Ste 2800 Los Angeles, CA 90071 323-600-4805 Fax : 213-784-5407 Email: marcweitz @ weitzlegal.com |
| Trustee Rosendo Gonzalez (TR) Gonzalez & Gonzalez Law, P.C. 530 S. Hewitt Street, Suite 148 Los Angeles, CA 90013 (213) 452-0071 |
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| U.S. Trustee United States Trustee (LA) 915 Wilshire Blvd, Suite 1850 Los Angeles, CA 90017 (213) 894-6811 |