PLCP, L.P. Bankruptcy Filing

Case Number: 08-02680

PLCP, L.P. filed a 11 chapter bankruptcy in the Northern District of Iowa bankruptcy court on December 04, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-02680.

PLCP, L.P. Filing Information

The bankruptcy petition for PLCP, L.P. showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. PLCP, L.P. 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 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'.

PLCP, L.P. 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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PLCP, L.P. Docket Header

CLAIMS, NTCAPR, NoCredComm, CLOSED




U. S. Bankruptcy Court
Northern District of Iowa (Mason City)
Bankruptcy Petition #: 08-02680

Assigned to: Thad J. Collins
Chapter 11
Voluntary
Asset



Debtor disposition:  Discharge Not Applicable
Date filed:  12/04/2008
Date terminated:  05/24/2011

Debtor
PLCP, L.P.
33371 170th Street
Steamboat Rock, IA 50672-8096
Tax ID / EIN: 68-0566001

rep. by Bradley R. Kruse
666 Grand Avenue, Suite 2000
Des Moines, IA 50309-2510
515-242-2460
Fax : 515-323-8560
Email:
brk @ brownwinick.com

James L. Pray
666 Grand Ave., Suite 2000
Des Moines, IA 50309-2510
515-242-2404
Fax : 515-323-8504
Email:
pray @ brownwinick.com

Richard K. Updegraff
666 Grand Avenue
Suite 2000
Des Moines, IA 50309-2510
515-242-2400
Email:
updegraff @ brownwinick.com

Debtor
PLCP,LLLP, Reorganized Debtor
33371 170th Street
Steamboat Rock, IA 50672-8096

rep. by Bradley R. Kruse
(See above for address)

U.S. Trustee
United States Trustee
Law Building Suite 400
225 2nd Street SE
Cedar Rapids, IA 52401
319-364-2211
   

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