SAC DEVELOPMENT, INC. Bankruptcy Filing
Basic Information on SAC DEVELOPMENT, INC. Bankruptcy
SAC DEVELOPMENT, INC. filed a 11 chapter bankruptcy in the Eastern District of California bankruptcy court on July 26, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-12857.
The bankruptcy petition for SAC DEVELOPMENT, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. SAC DEVELOPMENT, 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 SAC DEVELOPMENT, INC. Bankruptcy:
SAC DEVELOPMENT, 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.
SAC DEVELOPMENT, INC. Bankruptcy Docket Header
Assigned to: Hon. Rene Lastreto II Chapter 11 Voluntary Asset |
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Debtor SAC Development, Inc. 4650 N. Palm Ave Fresno, CA 93704 FRESNO-CA Tax ID / EIN: 37-1780031 |
rep. by |
Justin D. Harris
7110 N. Fresno St., Suite 400 Fresno, CA 93720 559-272-5700 |
U.S. Trustee Office of the U.S. Trustee United States Courthouse 2500 Tulare Street, Room 1401 Fresno, CA 93721 |
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U.S. Trustee Tracy Hope Davis c/o Robin Tubesing 2500 Tulare St #1401 Fresno, CA 93721 |
rep. by | Robin S. Tubesing
2500 Tulare St #1401 Fresno, CA 93721 559-487-5002 |