SJOBRAND INC. Bankruptcy Filing
Case Number: 24-32271
SJOBRAND INC. filed a 7 chapter bankruptcy in the Northern District of Texas bankruptcy court on July 31, 2024. This is a involuntary bankruptcy filing; it was assigned the bankruptcy case number #24-32271.
SJOBRAND INC. Filing Information
SJOBRAND INC., a corporation based at 1701 Oak Grove Rd., Ennis, TX, filed for Chapter 7 bankruptcy on July 31, 2024. The company's case number is 24-32271 and was filed in the Texas Northern district court. This marks the official beginning of the bankruptcy process, which will involve the liquidation or reorganization of the company's assets to satisfy outstanding debts. According to public records, this bankruptcy filing represents a significant development for SJOBRAND INC., as it signals the need for restructuring or closure due to insurmountable financial obligations. The Chapter 7 designation indicates that the company has chosen to liquidate its assets, rather than pursuing reorganization through other chapters of the bankruptcy code. As the case progresses, creditors and stakeholders will have access to information about SJOBRAND INC.'s bankruptcy filing, providing insight into the details of this significant corporate restructuring event.
SJOBRAND 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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SJOBRAND INC. Docket Header
REFORM |
Northern District of Texas (Dallas)
Bankruptcy Petition #: 24-32271-7
Assigned to: Chapter 7 Involuntary |
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| Petitioning Creditor Coim USA Inc. 286 Mantua Grove Road, #8 West Deptford, NJ 08066 |
rep. by |
Brian Gargano
Archer & Greiner PC 3040 Post Oak Blvd Ste 1800-150 Houston, TX 77056 713-970-1066 Fax : 713-583-9518 Email: bgargano @ archerlaw.com |
| Alleged Debtor SJOBRAND INC. 1701 Oak Grove Rd. Ennis, TX 75119 ELLIS-TX |
rep. by |
SJOBRAND INC.
PRO SE |
| U.S. Trustee United States Trustee 1100 Commerce Street Room 976 Dallas, TX 75202 214-767-8967 |