SARAR USA, INC. Bankruptcy Filing
Basic Information on SARAR USA, INC. Bankruptcy
SARAR USA, INC. filed a 11 chapter bankruptcy in the District of New Jersey bankruptcy court on July 20, 2018. This is a voluntary filing; it was assigned the bankruptcy case number #18-24538.
The bankruptcy petition for SARAR USA, INC. showed assets in the range of $1MM - $10MM with liabilities in the range of $10MM - $50MM. SARAR USA, INC. reports that the number of creditors is in the range of 200-999.
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 SARAR USA, INC. Bankruptcy:
SARAR USA, 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.
SARAR USA, INC. Bankruptcy Docket Header
Assigned to: Judge John K. Sherwood Chapter 11 Voluntary Asset |
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Debtor Sarar USA, Inc. 1585 US Highway 46 Litle Falls, NJ 07424 PASSAIC-NJ Tax ID / EIN: 13-4189788 dba Sarar USA |
rep. by |
Jeffrey Vanacore
Perkins Coie LLP 30 Rockefeller Plaza, 25th Fl New York City, NY 10112 (212) 262-6912 Fax : (212) 977-1642 Email: JVanacore @ perkinscoie.com |
U.S. Trustee U.S. Trustee US Dept of Justice Office of the US Trustee One Newark Center Ste 2100 Newark, NJ 07102 (973) 645-3014 |