OATH FRANCHISING LLC Bankruptcy Filing
Filing Information
OATH FRANCHISING LLC has filed for Chapter 7 bankruptcy, marking a significant milestone for the corporation. The filing, which occurred on October 21, 2024, under case number 24-12381, signals the company's intention to liquidate its assets and restructure its debt. As a Delaware-based corporation, OATH FRANCHISING LLC will be subject to the oversight of Judge Craig T Goldblatt in the United States Bankruptcy Court for the District of Delaware. The bankruptcy filing provides critical information into the financial struggles faced by the organization, allowing stakeholders to gain insight into its financial situation and potential opportunities for recovery. With this development, OATH FRANCHISING LLC has taken a major step towards navigating its financial challenges, paving the way for a potential restructuring or sale of its assets.
OATH FRANCHISING 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.
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OATH FRANCHISING LLC Bankruptcy Docket Header
Assigned to: Bankruptcy Judge Craig T Goldblatt Chapter 7 Voluntary No asset |
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Debtor Oath Franchising LLC PO Box 665 Oxford, MD 21654 TALBOT-MD Tax ID / EIN: 47-2087561 |
rep. by |
Scott D. Cousins
Lewis Brisbois 500 Delaware Avenue Suite 700 Wilmington, DE 19801 302-295-9440 Fax : 302-985-6001 Email: scott.cousins @ lewisbrisbois.com |
Trustee David W. Carickhoff Chipman Brown Cicero & Cole, LLP 1313 N. Market Street Suite 5400 Wilmington, DE 19801 302-295-0191 |
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U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |