MOTORS ACCEPTANCE CORPORATION Bankruptcy Filing
Case Number: 24-40483
MOTORS ACCEPTANCE CORPORATION filed a 11 chapter bankruptcy in the Middle District of Georgia bankruptcy court on August 15, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-40483.
MOTORS ACCEPTANCE CORPORATION Filing Information
MOTORS ACCEPTANCE CORPORATION has filed for Chapter 11 bankruptcy protection under case number 24-40483 with the Georgia Middle Court. The company, which is registered as a corporation, made this move on August 15, 2024. According to public records, MOTORS ACCEPTANCE CORPORATION has listed its address at P.O. Box 468 in Columbus, GA, as the location for filing bankruptcy information. This development marks an important milestone for the organization, signaling a restructuring or reorganization process under Chapter 11 of the US Bankruptcy Code. As part of this process, the company will work to restructure its debts and finances to achieve long-term stability and viability. The specifics of the bankruptcy case are expected to be made public in the coming weeks as the court proceedings unfold.
MOTORS ACCEPTANCE CORPORATION 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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MOTORS ACCEPTANCE CORPORATION Docket Header
REMARK |
Middle District of Georgia (Columbus)
Bankruptcy Petition #: 24-40483-JTL
Assigned to: Bankruptcy Judge John T. Laney III Chapter 11 Voluntary Asset |
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| Debtor Motors Acceptance Corporation P.O. Box 468 Columbus, GA 31902 MUSCOGEE-GA Tax ID / EIN: 58-2074636 |
rep. by |
Wesley J. Boyer
Boyer Terry LLC 348 Cotton Avenue Ste 200 Macon, GA 31201 478-742-6481 Email: wes @ boyerterry.com |
| U.S. Trustee U.S. Trustee - MAC 440 Martin Luther King Jr. Boulevard Suite 302 Macon, GA 31201 478-752-3544 |
rep. by | Robert G. Fenimore
Office of U.S. Trustee 440 Martin Luther King Jr. Boulevard Suite 302 Macon, GA 31201 478-752-3545 Fax : 478-752-3549 Email: robert.g.fenimore @ usdoj.gov Elizabeth A. Hardy Office of U.S. Trustee 440 Martin Luther King Jr. Blvd Suite 302 Macon, GA 31201 478-752-3544 Fax : (478) 752-3549 Email: elizabeth.a.hardy @ usdoj.gov |