SAAD, INC. Bankruptcy Filing
Basic Information on SAAD, INC. Bankruptcy
SAAD, INC. filed a 11 chapter bankruptcy in the District of Massachusetts bankruptcy court on September 27, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-13691.
The bankruptcy petition for SAAD, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $100,001-$1,000,000. SAAD, 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 SAAD, INC. Bankruptcy:
SAAD, 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.
SAAD, INC. Bankruptcy Docket Header
PlnDue, DsclsDue |
District of Massachusetts (Boston)
Bankruptcy Petition #: 16-13691
Assigned to: Judge Joan N. Feeney Chapter 11 Voluntary Asset |
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Debtor Saad, Inc. 899 Belmont Street Brockton, MA 02301 Tax ID / EIN: 04-3503972 |
rep. by |
Norman Novinsky
Novinsky & Associates 1350 Belmont Street Suite 105 Brockton, MA 02301 (508) 559-1616 Fax : 508-587-3059 Email: nnovinsky @ msn.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 |