COASTAL GIFTS INC. Bankruptcy Filing

Case Number: 24-03721

COASTAL GIFTS INC. filed a 7 chapter bankruptcy in the Middle District of Florida bankruptcy court on December 06, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-03721.

COASTAL GIFTS INC. Filing Information

The bankruptcy petition for COASTAL GIFTS INC. showed assets in the range of $0-$100,000 with liabilities in the range of $0-$100,000. COASTAL GIFTS INC. reports that the number of creditors is in the range of 1-49.

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'.

COASTAL GIFTS 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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COASTAL GIFTS INC. Docket Header


Assigned to:
Chapter 7
Voluntary
No asset

Date filed:  12/06/2024

Debtor
Coastal Gifts Inc.
7151 SW 107th Way
Hampton, FL 32044
BRADFORD-FL

rep. by Lisa C Cohen
Ruff & Cohen PA
4010 West Newberry Road, Ste. G
Gainesville, FL 32607-2368
(904) 720-0070
Fax : (352) 378-1261
Email:
 lcohen @ ruffcohen.com

U.S. Trustee
United States Trustee - JAX 13/7
Office of the United States Trustee
George C Young Federal Building
400 West Washington Street, Suite 1100
Orlando, FL 32801
407-648-6301
   

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