METHOD OUTDOOR SPACES, INC. Bankruptcy Filing

Filing Information

METHOD OUTDOOR SPACES, INC., a Texas-based corporation, has filed for Chapter 7 bankruptcy protection with the United States Bankruptcy Court for the Northern District of Texas. The company's bankruptcy filing, dated October 17, 2024, marks the beginning of a process aimed at reorganizing or liquidating its assets to address financial obligations. Under this chapter, the court will oversee the distribution of METHOD OUTDOOR SPACES, INC.'s assets among creditors, with Judge Michelle V. Larson presiding over the case (case number: 24-33273). As a corporation, the company has filed for bankruptcy protection from its primary office located at 3312 Somerset Dr, Arlington TX, indicating that this was the last known address associated with the business prior to the filing. The Chapter 7 bankruptcy information highlights the need for METHOD OUTDOOR SPACES, INC. to come to terms with its financial situation, allowing it to seek relief from creditors and begin rebuilding or liquidating its assets under the guidance of the court.

METHOD OUTDOOR SPACES, 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.

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