PHILLIPS METALS, INC. Bankruptcy Filing
Basic Information on PHILLIPS METALS, INC. Bankruptcy
PHILLIPS METALS, INC. filed a 7 chapter bankruptcy in the Northern District of Illinois bankruptcy court on September 14, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-27469.
The bankruptcy petition for PHILLIPS METALS, INC. showed assets in the range of $0-$100,000 with liabilities in the range of $1MM - $10MM. PHILLIPS METALS, INC. reports that the number of creditors is in the range of 1-49.
The debtor indicated their nature of business as Not in Database. 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 PHILLIPS METALS, INC. Bankruptcy:
PHILLIPS METALS, 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.
PHILLIPS METALS, INC. Bankruptcy Docket Header
GPOC180, CLOSED, CLSDELAY |
Northern District of Illinois (Eastern Division)
Bankruptcy Petition #: 17-27469
Assigned to: Honorable Judge Pamela S. Hollis Chapter 7 Voluntary Asset Debtor disposition: Discharge Not Applicable |
|
Debtor 1 Phillips Metals, Inc. PO Box 1373 Plainfield, IL 60544-1373 WILL-IL Tax ID / EIN: 27-0754861 |
rep. by |
Mazyar M Hedayat
M Hedayat & Associates 1211 W. Lakeview Ct. Romeoville, IL 60446 630-378-2200 Fax : 630-447-0067 Email: mhedayat @ mha-law.com Zane Zielinski, Trustee Zane Zielinski P.C. 6336 North Cicero Suite 201 Chicago, IL 60646 773-877-3191 Fax : 815-846-8576 Email: trustee @ zanezielinski.com |
Trustee Zane Zielinski, Trustee Zane Zielinski P.C. 6336 North Cicero Suite 201 Chicago, IL 60646 773-877-3191 |
rep. by |
Zane Zielinski, Trustee
(See above for address) |
U.S. Trustee Patrick S Layng Office of the U.S. Trustee, Region 11 219 S Dearborn St Room 873 Chicago, IL 60604 312-886-5785 |