OKLAHOMA APPLE LLC Bankruptcy Filing

OKLAHOMA APPLE LLC Filing Information

OKLAHOMA APPLE LLC has filed for bankruptcy under the United States Bankruptcy Code. The company's bankruptcy date was October 4, 2024, as indicated by its case number, 24-20341. Pursuant to this filing, OKLAHOMA APPLE LLC is required to provide detailed bankruptcy information, including an assessment of its assets and liabilities, in order to navigate the restructuring process. The corporation will be subject to the oversight of Judge Robert A Mark at the Florida Southern District Court, where it will have to present its case for reorganization or liquidation. As a corporate entity, OKLAHOMA APPLE LLC's bankruptcy filing marks an important milestone in its financial history, signaling a significant shift in its operational and financial trajectory.

OKLAHOMA APPLE LLC filed for bankruptcy, a move that signals the company's financial struggles. The Oklahoma-based business, which operates in the restaurants and other eating places industry, has significant debts to pay off. According to recent filings, the company's assets are worth between $0 and $100,000, indicating a limited pool of resources. Meanwhile, its liabilities also fall within this range, suggesting that it owes creditors anywhere from zero to $100,000. With just one or more creditors involved, OKLAHOMA APPLE LLC faces a relatively small but still manageable debt burden. The company's financial woes are likely to have been building for some time, and the bankruptcy filing marks an important milestone in its efforts to restructure and recover.

OKLAHOMA APPLE 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.