SALEM POINTE CAPITAL, LLC Bankruptcy Filing
Case Number: 24-31702
SALEM POINTE CAPITAL, LLC filed a 11 chapter bankruptcy in the Eastern District of Tennessee bankruptcy court on September 29, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-31702.
SALEM POINTE CAPITAL, LLC Filing Information
SALEM POINTE CAPITAL, LLC filed for bankruptcy on September 29, 2024, with case number 24-31702. The corporation has sought protection under Chapter 11 of the US Bankruptcy Code at the Tennessee Eastern Court. According to the court documents, the debtor's address is listed as 403 Rarity Bay Parkway in Vonore, TN. As a result of this filing, SALEM POINTE CAPITAL, LLC will be subject to the supervision of Judge Suzanne H. Bauknight, who will oversee the bankruptcy proceedings and ensure that the company complies with all applicable laws and regulations. The specific reasons for the bankruptcy filing were not disclosed in the initial court documents, but the case number and date filed suggest that the corporation is seeking relief from its financial obligations.
SALEM POINTE CAPITAL, LLC 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.
How Bankruptcy Monitoring Works
At Bankruptcy Observer, our mission is to save you time and simplify the process of accessing and monitoring bankruptcy cases. Whether you're a legal professional, financial analyst, business owner, competitor, or employee of a bankrupt company, our platform will help you to stay informed and stay organized quickly and efficiently.
|
Subscribe for Full Access With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
|
|
Search & Select Cases Search & Select Cases After subscribing, use our powerful search tool to find the bankruptcy cases you want to monitor. Simply sign up for alerts on each case to start receiving daily update. (Monitor up to 5 cases at the same time.) |
|
Pay-As-You-Go Option If you only need to monitor a single case, you can do so without subscribing. For just $14.99, you can set up monitoring for one case, receiving the same timely alerts without the full subscription commitment. |
|
|
Receive Real-Time Alerts With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
SALEM POINTE CAPITAL, LLC Docket Header
PLNDUE, DEBN-YES |
Eastern District of Tennessee (Knoxville)
Bankruptcy Petition #: 3:24-bk-31702-SHB
Assigned to: Judge Suzanne H. Bauknight Chapter 11 Voluntary Asset |
|
| Debtor Salem Pointe Capital, LLC 403 Rarity Bay Parkway Vonore, TN 37885 MONROE-TN Tax ID / EIN: 47-3017503 |
rep. by |
Brenda G. Brooks
Moore and Brooks 6223 Highland Place Way, Ste 102 Knoxville, TN 37919 (865) 450-5455 Fax : 865-622-8865 Email: bbrooks @ moore-brooks.com James R. Moore Moore & Brooks 6223 Highland Place Way, Ste 102 Knoxville, TN 37919 (865) 591-3432 Fax : 865-450-5455 Email: jmoore @ moore-brooks.com |
| U.S. Trustee United States Trustee 800 Market Street, Suite 114 Howard H. Baker Jr. U.S. Courthouse Knoxville, TN 37902 |
rep. by | Tiffany A. Diiorio
United States Trustee 800 Market St Suite 114 Knoxville, TN 37902 865-545-4324 Email: Tiffany.Diiorio @ usdoj.gov |