CANDE HOFFMAN HOLDINGS INC. Bankruptcy Filing
Case Number: 24-25415
CANDE HOFFMAN HOLDINGS INC. filed a 11 chapter bankruptcy in the Eastern District of Wisconsin bankruptcy court on October 11, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-25415.
CANDE HOFFMAN HOLDINGS INC. Filing Information
CANDE HOFFMAN HOLDINGS INC. has filed for Chapter 11 bankruptcy protection under case number 24-25415 with the United States Bankruptcy Court for the Eastern District of Wisconsin on October 11, 2024. The corporation, based at 812 W. Monterey Ln., Mequon, WI, is seeking relief from its financial obligations through this restructuring process. This move marks an important step for CANDE HOFFMAN HOLDINGS INC. as it navigates challenging financial circumstances. By filing under Chapter 11 bankruptcy, the company aims to reorganize its debt and create a plan for long-term sustainability.
Cande Hoffman Holdings Inc. has filed for bankruptcy, marking a significant milestone in the company's financial restructuring efforts. The filing, which falls within the Chapter 11 bankruptcy category, indicates that the business is seeking to reorganize its debt obligations and emerge as a more financially stable entity. According to recent reports, the company's assets are valued within the range of $100,001-$1,000,000, providing a foundation for its financial recovery. With approximately 50-99 creditors listed, Cande Hoffman Holdings Inc. is expected to engage with this group to negotiate debt repayment plans and restructuring agreements. The company's liabilities are estimated to fall within the range of $1MM - $10MM, underscoring the need for significant financial rebalancing. As a holding company in the [industry] sector, Cande Hoffman Holdings Inc.'s bankruptcy filing underscores the challenges faced by businesses in this industry, where debt management and financial sustainability can be particularly demanding.
CANDE HOFFMAN HOLDINGS 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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CANDE HOFFMAN HOLDINGS INC. Docket Header
COS, PlnDue |
Eastern District of Wisconsin (Milwaukee)
Bankruptcy Petition #: 24-25415
Assigned to: Chapter 11 Voluntary No asset |
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| Debtor CandE Hoffman Holdings Inc. 812 W. Monterey Ln. Mequon, WI 53092 Tax ID / EIN: 84-2116580 |
rep. by |
Nicholas Kerkman
Kerkman & Dunn 839 N. Jefferson St Suite 400 Milwaukee, WI 53202 414-277-8200 Fax : 414-277-0100 Email: nkerkman @ kerkmandunn.com |
| U.S. Trustee Office of the U. S. Trustee 517 East Wisconsin Ave. Room 430 Milwaukee, WI 53202 414-297-4499 |