PAL HEALTH TECHNOLOGIES, INC. Bankruptcy Filing

Summary of PAL HEALTH TECHNOLOGIES, INC. Filing Information

PAL HEALTH TECHNOLOGIES, INC. filed a 7 chapter bankruptcy in the Central District of Illinois bankruptcy court on November 30, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-81712.

PAL HEALTH TECHNOLOGIES, INC. Bankruptcy Information

The bankruptcy petition for PAL HEALTH TECHNOLOGIES, INC. showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $1MM - $10MM. PAL HEALTH TECHNOLOGIES, INC. reports that the number of creditors is in the range of 100-199.

The debtor indicated their nature of business as 'None of the Above'. The options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

PAL HEALTH TECHNOLOGIES, INC. Asset and Liability Information

The BankruptcyObserver database has not yet been updated with information about the debtor's assets, liabilities, nature of business, industry, or possibility for an unsecured creditor distribution. This data is typically entered on the morning of the next business day after the chapter 7 or chapter 11 business files bankruptcy.

Unsecured Creditor Treatment in PAL HEALTH TECHNOLOGIES, INC. Bankruptcy:

PAL HEALTH TECHNOLOGIES, INC. indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.

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PAL HEALTH TECHNOLOGIES, INC. Bankruptcy Docket Header

CONV, PlnDue, ADV, DEFER




U.S. Bankruptcy Court
Central District of Illinois (Peoria)
Bankruptcy Petition #: 17-81712

Assigned to: Judge Thomas L. Perkins
Chapter 7
Previous chapter 11
Original chapter 11
Voluntary
Asset


Date filed:  11/30/2017
Date converted:  07/24/2018
341 meeting:  09/05/2018

Debtor
Orthotic Liquidation Co.
1805 Riverway Drive
Pekin, IL 61554
TAZEWELL-IL
Tax ID / EIN: 37-1013230
fka PAL Health Technologies, Inc.

rep. by Sumner A. Bourne
411 Hamilton Blvd #1600
Peoria, IL 61602
(309) 673-5535
Email:
 notices @ rafoolbourne.com

Trustee
Charles E Covey
416 Main Street Suite 700
Commerce Bank Building
Peoria, IL 61602-1180
309-674-8125

rep. by Andrew W Covey
416 Main St #700
Peoria, IL 61602
(309) 674-8125
Email:
 acovey1 @ hotmail.com

U.S. Trustee
U.S. Trustee
Office Of Nancy J. Gargula U.S. Trustee
401 Main St #1100
Peoria, IL 61602
309-671-7854
rep. by Sabrina M Petesch
401 Main St #1100
Peoria, IL 61602
(309) 671-7854 x 228
Email:
 sabrina.m.petesch @ usdoj.gov

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