SPICY WORLD LLC Bankruptcy Filing
Case Number: 24-12026
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SPICY WORLD LLC filed a 7 chapter bankruptcy in the District of Massachusetts bankruptcy court on October 08, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-12026.
SPICY WORLD LLC Filing Information
SPICY WORLD LLC filed for Chapter 7 bankruptcy on October 8, 2024, under case number 24-12026. The Massachusetts-based corporation has sought protection from its creditors in a court filing that marks an important milestone for the struggling business. Located at 7 Beach Street in Boston, MA, SPICY WORLD LLC's address will be at the center of the bankruptcy proceedings. As a Corporation, SPICY WORLD LLC is seeking to liquidate its assets and restructure its debts under Chapter 7 bankruptcy information, which typically involves the appointment of a trustee to oversee the distribution of its assets among creditors. The exact nature and extent of the business's financial struggles remain unknown at this time, but the filing indicates that SPICY WORLD LLC is seeking to reorganize its financial situation through the court system.
SPICY WORLD LLC has filed for bankruptcy, citing a significant amount of debt. According to court documents, the company's assets are valued within the range of $0 to $100,000, a relatively small sum compared to its liabilities. The company is currently facing a substantial number of creditors, with between 1 and 49 individuals or entities owed money by SPICY WORLD LLC. This suggests that the business may have had a moderate-sized customer base or provided services to multiple parties prior to filing for bankruptcy. As part of its bankruptcy proceedings, SPICY WORLD LLC will be required to liquidate its assets and address these outstanding debts, potentially affecting the financial stability of both the company and its creditors.
SPICY WORLD 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.
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SPICY WORLD LLC Docket Header
DebtEd, CounDue |
District of Massachusetts (Boston)
Bankruptcy Petition #: 24-12026
Assigned to: Chapter 7 Voluntary No asset |
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| Debtor Spicy World LLC, Debtor 7 Beach St Boston, MA 02111 Tax ID / EIN: 47-4499740 dba Spicy World dba Spicy World |
rep. by |
Christine E. Devine
Nicholson Devine LLC PO Box 7 Medway, MA 02053 508-533-7240 Email: christine @ nicholsondevine.com |
| Assistant U.S. Trustee Richard King - B Office of the US Trustee J.W. McCormack Post Office & Courthouse 5 Post Office Sq., 10th Fl, Suite 1000 Boston, MA 02109 617-788-0400 |