R.L. BROUGHTON INC. Bankruptcy Filing
Case Number: 24-11202
R.L. BROUGHTON INC. filed a 7 chapter bankruptcy in the Northern District of Georgia bankruptcy court on September 04, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-11202.
R.L. BROUGHTON INC. Filing Information
R.L. BROUGHTON INC., a corporation based in Georgia, filed for Chapter 7 bankruptcy on September 4, 2024, under case number 24-11202 at the Georgia Northern Court. This marks the latest development in the financial struggles of the organization, with the exact cause of its insolvency yet to be disclosed. The company's bankruptcy filing provides a clear indication that it intends to restructure or liquidate its assets in order to resolve its debts. Located at 902 Kite Lake Trail, Fayetteville GA, the debtor is now seeking protection under federal law to navigate this challenging period. With this significant announcement, stakeholders can expect a formal process to unfold, as the company works towards a resolution and emerges from financial difficulties.
R.L. BROUGHTON 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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R.L. BROUGHTON INC. Docket Header
Assigned to: Chapter 7 Voluntary No asset |
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Debtor R.L. Broughton Inc. 902 Kite Lake Trail Fayetteville, GA 30214 FAYETTE-GA Tax ID / EIN: 56-2358916 dba Broughton Heat Air Electric |
rep. by | William A. Rountree
Rountree Leitman Klein & Geer, LLC Century Plaza I, Suite 350 2987 Clairmont Road Atlanta, GA 30329 404-584-1238 Email: wrountree @ rlkglaw.com |
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