PROSPECT 631 VENTURE CORPORATION Bankruptcy Filing

Case Number: 23-44348

PROSPECT 631 VENTURE CORPORATION filed a 11 chapter bankruptcy in the Eastern District of New York bankruptcy court on November 29, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-44348.

PROSPECT 631 VENTURE CORPORATION Filing Information

The bankruptcy petition for PROSPECT 631 VENTURE CORPORATION showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100,001-$1,000,000. PROSPECT 631 VENTURE CORPORATION reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as Single Asset Real Estate. 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'.

PROSPECT 631 VENTURE CORPORATION 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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PROSPECT 631 VENTURE CORPORATION Docket Header

SubChapterV, ChVPlnDue, SmBus




U.S. Bankruptcy Court
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-23-44348-jmm

Assigned to: Jil Mazer-Marino
Chapter 11
Voluntary
Asset

Date filed:  11/29/2023

Debtor
Prospect 631 Venture Corporation
146 Spencer St
Brooklyn, NY 11205
KINGS-NY
Tax ID / EIN: 93-4570461

rep. by Prospect 631 Venture Corporation
PRO SE



U.S. Trustee
Office of the United States Trustee
Eastern District of NY (Brooklyn)
Alexander Hamilton Custom House
One Bowling Green
Room 510
New York, NY 10004-1408
(212) 206-2580
   

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