TITLEMAX OF GEORGIA, INC. Bankruptcy Filing

Case Number: 09-40808

TITLEMAX OF GEORGIA, INC. filed a 11 chapter bankruptcy in the Southern District of Georgia bankruptcy court on April 20, 2009. This is a voluntary filing; it was assigned the bankruptcy case number #09-40808.

TITLEMAX OF GEORGIA, INC. Filing Information

The bankruptcy petition for TITLEMAX OF GEORGIA, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. TITLEMAX OF GEORGIA, INC. reports that the number of creditors is in the range of 1,000-5,000.

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'.

TITLEMAX OF GEORGIA, 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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TITLEMAX OF GEORGIA, INC. Docket Header

PlnDue, DsclsDue, JNTADMN, MEMBER




U.S. Bankruptcy Court
Southern District of Georgia (Savannah)
Bankruptcy Petition #: 09-40808-LWD

Assigned to: Lamar W. Davis Jr.
Chapter 11
Voluntary
Asset


Date filed:??04/20/2009

Debtor
TitleMax of Georgia, Inc.
15 Bull Street, Suite 200
Savannah, GA 31401
Tax ID / EIN: 58-2547327
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TitleMax
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TitleBucks
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American Title
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American Title Pawn
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US Title
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US TitlePawn
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CheckMax
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American Title Lending of Columbus, Inc.
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American Title Pawn of Fort Valley, Inc.
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American Title Pawn of Rossville, Inc.
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Title Max Title Lending of Albany, Inc.
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Title Max Title Lending of Columbus, Inc
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Title Max Title Lending of Macon, Inc.
fdba
Title Max Title Lending of Savannah, Inc.
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TitleMax # 1 of Altanta, Inc.
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TitleMax # 1 of Marietta, Inc.
fdba
TitleMax # 1 of Rome, Inc.
fdba
TitleMax # 2 of Albany, Inc.
fdba
TitleMax # 2 of Athens, Inc.
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TitleMax # 2 of Atlanta, Inc.
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TitleMax # 2 of Augusta, Inc.
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TitleMax # 2 of Griffin, Inc.
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TitleMax # 2 of Macon, Inc.
fdba
TitleMax # 2 of Marietta, Inc.
fdba
TitleMax # 2 of Rome, Inc.
fdba
TitleMax # 2 of Savannah, Inc.
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TitleMax # 2 of Valdosta, Inc.
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TitleMax # 3 of Atlanta, Inc.
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TitleMax # 3 of Augusta, Inc.
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TitleMax # 3 of Macon, Inc.
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TitleMax # 3 of Marietta, Inc.
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TitleMax # 3 of Savannah, Inc.
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TitleMax # 4 of Atlanta, Inc.
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TitleMax # 4 of Augusta, Inc.
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U S Title # 2 of Columbus, Inc.
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TitleMax # 5 of Atlanta, Inc.
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TitleMax No. 4 of Columbus, Georgia, Inc.
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TitleMax No. 2 of Columbus, Georgia, Inc.
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TitleMax No. 3 of Columbus, Georgia, Inc.
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TitleMax of Americus, Inc.
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TitleMax of Athens, Inc.
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TitleMax of Brunswick, Inc.
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TitleMax of Calhoun, Inc.
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TitleMax of Cartersville, Inc.
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U S Title # 3 of Columbus, Inc.
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TitleMax of College Park, Inc.
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TitleMax of Cordele, Inc.
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TitleMax of Dalton, Inc.
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TitleMax of Decatur, Inc.
fdba
TitleMax of Douglasville, Inc.
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TitleMax of Dublin, Inc.
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TitleMax of Forest Park, Inc.
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TitleMax of Ft. Oglethorpe, Inc.
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TitleMax of Gainesville, Inc.
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TitleMax of Garden City, Inc.
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TitleMax of Griffin, Inc.
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TitleMax of Hinesville, Inc.
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TitleMax of Jonesboro, Inc.
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TitleMax of LaGrange, Inc.
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TitleMax of Lawrenceville, Inc.
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TitleMax of Lilburn, Inc.
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TitleMax of McDonough, Inc.
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TitleMax of Milledgeville, Inc.
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TitleMax of Moultrie, Inc.
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TitleMax of Newnan, Inc.
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TitleMax of Norcross, Inc.
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TitleMax of Riverdale, Inc.
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TitleMax of Rossville, Inc.
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TitleMax of Roswell, Inc.
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TitleMax of Statesboro, Inc.
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TitleMax of Stone Mountain, Inc.
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TitleMax of Thomasville, Inc.
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TitleMax of Tifton, Inc.
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TitleMax of Tucker, Inc.
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TitleMax of Union City, Inc.
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TitleMax of Valdosta, Inc.
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TitleMax of Vidalia, Inc.
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TitleMax of Waycross, Inc.
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TitleMax Title Lending of Augusta, Inc.
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TitleMax Title Lending of Warner Robins, Inc.
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TitleMax # 2 of Dalton, Inc.
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U S Title of Albany, Inc.
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U S Title of Augusta, Inc.
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U S Title of Brunswick, Inc.
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U S Title of Warner Robins, Inc.
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U S Title # 2 of Savannah, Inc.
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U S Title, Inc.
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U S Title of Columbus, Inc.
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U S Title of Hinesville, Inc.
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U S Title of Macon, Inc.
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TitleMax of Chamblee, Inc.
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U S Title of Valdosta, Inc.
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TitleMax # 99 of Valdosta, Inc.

rep. by Marvin A. Fentress
Gray & Pannell LLP
P. O. Box 8050
Savannah, GA 31412
912-443-4040
Fax : 912-443-4041
Email:
mfentress @ graypannell.com

U. S. Trustee
Office of the U. S. Trustee
222 West Oglethorpe Ave., Ste. 302
Savannah, GA 31401
912-652-4112
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