FTM INC Bankruptcy Filing
Case Number: 24-20835
FTM INC filed a 11 chapter bankruptcy in the District of Maryland bankruptcy court on December 27, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-20835.
FTM INC Filing Information
The bankruptcy petition for FTM INC showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100,001-$1,000,000. FTM 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'.
FTM 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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FTM INC Docket Header
Subchapter_V, Manual341, PlnDue |
District of Maryland (Greenbelt)
Bankruptcy Petition #: 24-20835
Assigned to: Chapter 11 Voluntary Asset |
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| Debtor FTM INC 6410 Coventry Way Clinton, MD 20735 PRINCE GEORGE'S-MD Tax ID / EIN: 30-1355593 |
rep. by |
Weon G. Kim
Weon G. Kim Law Office 8200 Greensboro Dr. #900 McLean, VA 22102 571-278-3728 Fax : 703-288-4003 Email: JKKCHADOL99 @ GMAIL.COM |
| U.S. Trustee US Trustee - Greenbelt 6305 Ivy Lane, Suite 600 Greenbelt, MD 20770 Email: USTPRegion04.GB.ECF@USDOJ.GOV |