MAGNACOUSTICS, INC. Bankruptcy Filing
Basic Information on MAGNACOUSTICS, INC. Bankruptcy
MAGNACOUSTICS, INC. filed a 11 chapter bankruptcy in the Eastern District of New York bankruptcy court on April 09, 2021. This is a voluntary filing; it was assigned the bankruptcy case number #21-70670.
The bankruptcy petition for MAGNACOUSTICS, INC. showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100,001-$1,000,000. MAGNACOUSTICS, 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 options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
Unsecured Creditor Treatment in MAGNACOUSTICS, INC. Bankruptcy:
MAGNACOUSTICS, INC. indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.
MAGNACOUSTICS, INC. Bankruptcy Docket Header
SubChapterV, ChVPlnDue, SmBus |
Eastern District of New York (Central Islip)
Bankruptcy Petition #: 8-21-70670-reg
Assigned to: Robert E. Grossman Chapter 11 Voluntary Asset |
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Debtor Magnacoustics, Inc. PO Box 135 Atlantic Beach, NY 11509 NASSAU-NY Tax ID / EIN: 11-2968843 |
rep. by |
Sandra E. Mayerson
Mayerson & Hartheimer, PLLC 845 Third Avenue 11th Floor New York, NY 10022 646-778-4381 Fax : 646-778-4384 Email: sandy @ mhlaw-ny.com |
U.S. Trustee United States Trustee Long Island Federal Courthouse 560 Federal Plaza - Room 560 Central Islip, NY 11722-4437 (631) 715-7800 |