Written by Craig D. Robins, Esq.
.McCoy Consultants, Ltd. filed for Chapter 11 bankruptcy relief on August 21, 2009 in the Central Islip Bankruptcy Court under case number 8-09-76222. Judge Alan S. Trust is the assigned bankruptcy judge.
The company, which is located in Uniondale, is being represented by Brooklyn bankruptcy attorney Rachel S. Blumenfeld. According to the Disclosure of Compensation Statement filed pursuant to Rule 2016(b), a retainer of $9,500 was paid. Ms. Blumenfeld listed her hourly rate at $350 per hour.
The debtor’s president is William McCoy. The initial filing did not include the Chapter 11 affidavit that contains the details about the debtor.
The petition listed assets consisting of personal property with a value of $709,400 (primarily accounts receivable), priority debts of $35,372, and unsecured debts of $305,431.
The Meeting of creditors will be held on September 25, 2009 at the United States Bankruptcy Court for the Eastern District of New York in Central Islip (Room 562 at 10:00 a.m.), and the first Status Conference before Judge Trust has not yet been scheduled.
This post is one of a series of posts available on the Long Island Bankruptcy Blog detailing every Chapter 11 bankruptcy case filed in the Central Islip Bankruptcy Court since August 1, 2009. I will typically post a summary of each Chapter 11 case several days or weeks after it is filed as not all info is available immediately upon filing. To see a list of Chapter 11 cases profiled on this blog, click Chapter 11 Filings on Long Island or type the name of the debtor in the upper right search box.
Written by Craig D. Robins, Esq.
Once you’ve made the decision to file for bankruptcy, any credit card use after that point becomes highly scrutinized and very suspect. This should be obvious. After all, if someone decides that they are seeking to eliminate their credit card debt through bankruptcy, then incurring additional credit card debt can be considered fraudulent.
If a credit card company learns that a debtor used a card without any intention of making full payment, then the credit card company has the right to object to the debtor’s discharge of that particular debt.
What’s more, if the case trustee or United States Trustee learns that the debtor intentionally “charged up” his or her cards before filing, then the either trustee can seek to have the debtor’s discharge denied or case dismissed. There is also the possibility that the debtor can be found to have engaged in bankruptcy fraud — a criminal offense.
Bankruptcy is a very powerful consumer protection tool that can enable you to eliminate all credit card debts and get a fresh new financial start. Don’t jeopardize your ability to take advantage of the federal bankruptcy laws by being greedy or foolish. Don’t create unnecessary red flags that can expose your case to additional review. So don’t use your credit cards once you’ve decided to file bankruptcy.
Written by Craig D. Robins, Esq.
.Bonmer, Inc. filed for Chapter 11 bankruptcy relief on August 23, 2009 in the Central Islip Bankruptcy Court under case number 8-09-76237. Judge Alan S. Trust is the assigned bankruptcy judge.
This post is one of a series of posts available on the Long Island Bankruptcy Blog detailing every Chapter 11 bankruptcy case filed in the Central Islip Bankruptcy Court since August 1, 2009. I will typically post a summary of each Chapter 11 case several days or weeks after it is filed as not all info is available immediately upon filing. To see a list of Chapter 11 cases profiled on this blog, click Chapter 11 Filings on Long Island or type the name of the debtor in the upper right search box.
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Written by Craig D. Robins, Esq.
LDR Trucking Corp. filed for Chapter 11 bankruptcy relief on August 12, 2009 in the Central Islip Bankruptcy Court under case number 8-09-76015. Judge Robert E. Grossman is the assigned bankruptcy judge.
The company, which is located in Bay Shore, is being represented by Queens bankruptcy attorney William S. Neal of Woodhaven. According to the Statement of Compensation filed pursuant to Rule 2016(b), no retainer was paid.
The company has elected to be treated as a small business Chapter 11 debtor. In its Chapter 11 affidavit, the debtor’s president, Adam L. Youngelman, stated that the company filed for Chapter 11 bankruptcy relief “due to a lack of business.” In addition, he states that “the company is working on obtaining additional loans and financing in order to line up some business which as developed.”
The Meeting of creditors will be held on September 18, 2009 at the United States Bankruptcy Court for the Eastern District of New York in Central Islip (Room 562 at 11:00 a.m.), and the first Status Conference before Judge Grossman will be held on September 14, 2009 (Courtroom 860, 1:30 p.m.).
This post is one of a series of posts available on the Long Island Bankruptcy Blog detailing every Chapter 11 bankruptcy case filed in the Central Islip Bankruptcy Court since August 1, 2009. I will typically post a summary of each Chapter 11 case several days or weeks after it is filed as not all info is available immediately upon filing. To see a list of Chapter 11 cases profiled on this blog, click Chapter 11 Filings on Long Island or type the name of the debtor in the upper right search box.
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Written by Craig D. Robins, Esq.