MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. Bankruptcy Filing
Basic Information on MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. Bankruptcy
MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. filed a 7 chapter bankruptcy in the District of Massachusetts bankruptcy court on August 18, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-13224.
The bankruptcy petition for MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. reports that the number of creditors is in the range of 50-99.
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 MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. Bankruptcy:
MERCHANTS BANKCARD SYSTEMS OF AMERICA, 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.
MERCHANTS BANKCARD SYSTEMS OF AMERICA, INC. Bankruptcy Docket Header
DEFER, CAPE, NTCAPR, CredAdd, CONVERTED, JNF, CLAIMS |
District of Massachusetts (Boston)
Bankruptcy Petition #: 16-13224
Assigned to: Janet E. Bostwick Chapter 7 Previous chapter 11 Original chapter 11 Voluntary Asset |
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Debtor Merchants Bankcard Systems of America, Inc. 70 East Falmouth Highway Suite 1 East Falmouth, MA 02536 Tax ID / EIN: 37-1645702 |
rep. by |
David B. Madoff
Madoff & Khoury LLP 124 Washington Street - Suite 202 Foxborough, MA 02035 508-543-0040 Fax : 508-543-0020 Email: madoff @ mandkllp.com Steffani Pelton Madoff & Khoury LLP 124 Washington Street Foxborough, MA 02035 508-543-0040 Email: pelton @ mandkllp.com |
Assistant U.S. Trustee John Fitzgerald Office of the US Trustee J.W. McCormack Post Office & Courthouse 5 Post Office Sq., 10th Fl, Suite 1000 Boston, MA 02109 |
rep. by |
Paula R.C. Bachtell
U.S. Department of Justice Office of the United States Trustee John W. McCormack Post Office and Courth 5 Post Office Square, Suite 1000 Boston, MA 02109-3934 (617) 788-0406 Fax : (617) 565-6368 Email: paula.bachtell @ usdoj.gov |
Trustee Warren E. Agin Swiggart & Agin, LLC 50 Milk Street, 16th Floor Boston, MA 02109 617-517-3203 |
rep. by | Warren E. Agin
Agin Legal Services, LLC 50 Milk Street, 16th Floor Boston, MA 02109 (617) 517-3203 Email: agin @ analyticlaw.com Warren E. Agin 50 Milk Street,16th Floor Boston, MA 02109 617-517-3203 Email: agin @ analyticlaw.com Danielle M. Callahan Swiggart Agin, LLC 50 Milk Street 16th Floor Boston, MA 02109 Daniel Kostrzewa Swiggart & Agin LLC 197 Portland St. Boston, MA 02114 617-517-3204 Alex F. Mattera Pierce Atwood LLP 100 Summer Street, 22nd Floor Boston, MA 02110 617-488-8112 Email: amattera @ pierceatwood.com |