TITLEMAX OF ILLINOIS, INC. Bankruptcy Filing
Case Number: 09-40816
TITLEMAX OF ILLINOIS, 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 #09-40816.
TITLEMAX OF ILLINOIS, INC. Filing Information
The bankruptcy petition for TITLEMAX OF ILLINOIS, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. TITLEMAX OF ILLINOIS, 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 ILLINOIS, 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 ILLINOIS, INC. Docket Header
PlnDue, DsclsDue, JNTADMN, MEMBER |
Southern District of Georgia (Savannah)
Bankruptcy Petition #: 09-40816-LWD
Assigned to: Lamar W. Davis Jr. Chapter 11 Voluntary Asset |
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| Debtor TitleMax of Illinois, Inc. 15 Bull Street, Suite 200 Savannah, GA 31401 Tax ID / EIN: 20-5957376 dba TitleMax dba TitleBucks dba US TitlePawn dba American Title dba CheckMax |
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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