NATIONAL WHOLESALE COMPANY, INC. Bankruptcy Filing
Case Number: 24-50444
NATIONAL WHOLESALE COMPANY, INC. filed a 7 chapter bankruptcy in the Middle District of North Carolina bankruptcy court on June 10, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-50444.
NATIONAL WHOLESALE COMPANY, INC. Filing Information
NATIONAL WHOLESALE COMPANY, INC., a North Carolina-based corporation, filed for Chapter 7 bankruptcy on June 10, 2024. The case number assigned to this filing is 24-50444, and it will be heard in the North Carolina Middle Court. As a result of this filing, the company has begun the process of restructuring or liquidating its assets. Led by Judge Lena M. James, the court will oversee the proceedings. National Wholesale Company, Inc.'s bankruptcy information reveals that it is located at 400 National Boulevard in Lexington, NC. The Chapter 7 filing indicates that the company intends to seek relief from its creditors through a liquidation process. As the case moves forward, stakeholders will have the opportunity to present their claims and negotiate settlements with the debtor.
NATIONAL WHOLESALE COMPANY, 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. |
NATIONAL WHOLESALE COMPANY, INC. Docket Header
Assigned to: Bankruptcy Judge Lena M. James Chapter 7 Voluntary Asset |
|
| Debtor National Wholesale Company, Inc. 400 National Boulevard Lexington, NC 27292 DAVIDSON-NC Tax ID / EIN: 56-0577732 |
rep. by |
Samantha K Brumbaugh
Ivey, McClellan, Siegmund, Brumbaugh & McDonough, LLP PO Box 3324 Greensboro, NC 27402 336-274-4658 Email: skb @ iveymcclellan.com |
| Bankruptcy Administrator John Paul Hughes Cournoyer U.S. Bankruptcy Administrator 101 South Edgeworth Street Greensboro, NC 27401 336-358-4170 |
||
| Trustee Daniel C. Bruton Bell, Davis & Pitt, P.A. 600 Century Plz. 100 N. Cherry St. P. O. Box 21029 Winston-Salem, NC 27120 (336) 722-3700 |
rep. by | Daniel C. Bruton
Bell, Davis & Pitt, P.A. 600 Century Plz. 100 N. Cherry St. P. O. Box 21029 Winston-Salem, NC 27120 (336) 722-3700 Email: dbruton @ belldavispitt.com Daniel C. Bruton Bell, Davis & Pitt, P.A. 600 Century Plz. 100 N. Cherry St. P. O. Box 21029 Winston-Salem, NC 27120-1029 (336) 722-3700 Email: dbruton @ belldavispitt.com |