SCHAEFER REAL ESTATE TRUST, LLC Bankruptcy Filing

Case Number: 08-12612

SCHAEFER REAL ESTATE TRUST, LLC filed a 11 chapter bankruptcy in the District of New Hampshire bankruptcy court on September 10, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-12612.

SCHAEFER REAL ESTATE TRUST, LLC Filing Information

The bankruptcy petition for SCHAEFER REAL ESTATE TRUST, LLC showed assets in the range of $1MM - $100MM with liabilities in the range of $1MM - $100MM. SCHAEFER REAL ESTATE TRUST, LLC 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'.

SCHAEFER REAL ESTATE TRUST, 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.

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SCHAEFER REAL ESTATE TRUST, LLC Docket Header


Assigned to: Judge J. Michael Deasy
Chapter 11
Voluntary
Asset


Date filed:  09/10/2008

Debtor
Schaefer Real Estate Trust, LLC
PO Box 559
Brookline, NH 03033
Tax ID / EIN: 04-3593599

rep. by Sean E. Curran
30 Amherst Street
P.O. Box 3043
Manchester, NH 03105-3043
(603) 644-1060

William S. Gannon
William S. Gannon PLLC
889 Elm Street, 4th Floor
Manchester, NH 03101
(603) 621-0833
Fax : (603) 621-0830
Email:
bgannon @ gannonlawfirm.com

U.S. Trustee
Office of the U.S. Trustee
1000 Elm Street
Suite 605
Manchester, NH 03101
(603) 666-7908
rep. by UST
Office of U.S. Trustee
1000 Elm Street
Suite 605
Manchester, NH 03101
603 666-7908
Fax : 603 666-7913
Email:
USTPRegion01.MR.ECF @ usdoj.gov

Geraldine Karonis
Office of U.S. Trustee
1000 Elm Street
Suite 605
Manchester, NH 03101
(603) 666-7912
Fax : (603) 666-7913
Email:
USTPRegion01.MR.ECF @ usdoj.gov

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