TOUSA FUNDING, LLC Bankruptcy Filing
Case Number: 08-10952
TOUSA FUNDING, LLC filed a 11 chapter bankruptcy in the Southern District of Florida bankruptcy court on January 29, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-10952.
TOUSA FUNDING, LLC Filing Information
The bankruptcy petition for TOUSA FUNDING, LLC showed assets in the range of $500MM - $1B with liabilities in the range of more than $1B. TOUSA FUNDING, LLC reports that the number of creditors is in the range of 5,001-10,000.
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'.
TOUSA FUNDING, 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. This is a bad sign for creditors as it implies that no recovery is likely.
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TOUSA FUNDING, LLC Docket Header
PlnDue, DsclsDue, JNTADMN, MEMBER |
Southern District of Florida (Fort Lauderdale)
Bankruptcy Petition #: 08-10952-JKO
Assigned to: John K Olson Chapter 11 Voluntary Asset |
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| Debtor TOUSA Funding, LLC 3763 Howard Hughes Pkwy Hughes Center #170A Las Vegas, NV 89109 Tax ID / EIN: 20-4100925 |
rep. by |
Paul Steven Singerman, Esq
200 S Biscayne Blvd. #1000 Miami, FL 33131 (305) 755-9500 Email: singerman @ bergersingerman.com |
| U.S. Trustee Office of the US Trustee 51 S.W. 1st Ave. Suite 1204 Miami, FL 33130 (305) 536-7285 |
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