SEARED INC. Bankruptcy Filing
Case Number: 24-43918
SEARED INC. filed a 11 chapter bankruptcy in the Eastern District of New York bankruptcy court on September 20, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-43918.
SEARED INC. Filing Information
SEARED INC., a corporation based at 8 America Avenue, Lakewood, NJ, has filed for bankruptcy under case number 24-43918 with the United States Bankruptcy Court for the Eastern District of New York. The filing was made on September 20, 2024, marking an important milestone in the company's financial restructuring process. As a corporation, SEARED INC. is required to seek protection from its creditors under Chapter 11 or Chapter 7 bankruptcy laws. The case will be heard by Judge Jil Mazer-Marino, who will oversee the liquidation of the company's assets and distribution of funds among its creditors. This significant development in the company's financial history signals a shift towards restructuring and potentially restoring stability to SEARED INC.'s operations.
SEARED 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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SEARED INC. Docket Header
SubChapterV, ChVPlnDue, SmBus |
Eastern District of New York (Brooklyn)
Bankruptcy Petition #: 1-24-43918-jmm
Assigned to: Jil Mazer-Marino Chapter 11 Voluntary Asset |
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| Debtor Seared Inc. 8 America Avenue Lakewood, NJ 08701 OCEAN-NJ Tax ID / EIN: 86-2616356 |
rep. by |
Lawrence Morrison
87 Walker Street Floor 2 New York, NY 10013 212-620-0938 Email: lmorrison @ m-t-law.com |
| 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 |