Basic Information on MFD PROPERTY SOLUTIONS INC Bankruptcy

MFD PROPERTY SOLUTIONS INC filed a 7 chapter bankruptcy in the Eastern District of New York bankruptcy court on November 13, 2023. This is a voluntary filing; it was assigned the bankruptcy case number #23-74228.

The bankruptcy petition for MFD PROPERTY SOLUTIONS INC showed assets in the range of $100,001-$1,000,000 with liabilities in the range of $100,001-$1,000,000. MFD PROPERTY SOLUTIONS INC reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as Single Asset Real Estate. 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 MFD PROPERTY SOLUTIONS INC Bankruptcy:

MFD PROPERTY SOLUTIONS 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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U.S. Bankruptcy Court
Eastern District of New York (Central Islip)
Bankruptcy Petition #: 8-23-74228-ast

Assigned to: Judge Alan S. Trust
Chapter 7
No asset

Date filed:  11/13/2023
341 meeting:  12/20/2023

MFD Property Solutions Inc
34 Long St
Lake Grove, NY 11755
Tax ID / EIN: 47-4160010

rep. by MFD Property Solutions Inc

R Kenneth Barnard, Esq.
3305 Jerusalem Avenue
Suite 215
Wantagh, NY 11793

U.S. Trustee
United States Trustee
Long Island Federal Courthouse
560 Federal Plaza - Room 560
Central Islip, NY 11722-4437
(631) 715-7800

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