PAP OIL GROUP, INC. Bankruptcy Filing
Case Number: 24-11581
PAP OIL GROUP, INC. filed a 11 chapter bankruptcy in the Southern District of Florida bankruptcy court on February 20, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11581.
PAP OIL GROUP, INC. Filing Information
The bankruptcy petition for PAP OIL GROUP, INC. showed assets in the range of $0-$100,000 with liabilities in the range of $100,001-$1,000,000. PAP OIL GROUP, INC. reports that the number of creditors is in the range of 1-49.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
PAP OIL GROUP, 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.
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PAP OIL GROUP, INC. Docket Header
Subchapter_V, PlnDue |
Southern District of Florida (Fort Lauderdale)
Bankruptcy Petition #: 24-11581
Assigned to: Chapter 11 Voluntary No asset |
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| Debtor Pap Oil Group, Inc. 1 EAST BROWARD BLVDSUITE 700 Fort Lauderdale, FL 33301 BROWARD-FL Tax ID / EIN: 83-1437285 |
rep. by |
Nicholas G Rossoletti
2760 W. Atlantic Boulevard Pompano Beach, FL 33069 954 789 1701 Email: nrossoletti @ bilulaw.com |
| U.S. Trustee Office of the US Trustee 51 S.W. 1st Ave. Suite 1204 Miami, FL 33130 (305) 536-7285 |