TIMEPLUS SYSTEMS, LLC Bankruptcy Filing
Basic Information on TIMEPLUS SYSTEMS, LLC Bankruptcy
TIMEPLUS SYSTEMS, LLC filed a 11 chapter bankruptcy in the Northern District of Indiana bankruptcy court on August 11, 2019. This is a voluntary filing; it was assigned the bankruptcy case number #19-31451.
The bankruptcy petition for TIMEPLUS SYSTEMS, LLC showed assets in the range of $10MM - $50MM with liabilities in the range of $10MM - $50MM. TIMEPLUS SYSTEMS, LLC reports that the number of creditors is in the range of 1-49.
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 TIMEPLUS SYSTEMS, LLC Bankruptcy:
TIMEPLUS SYSTEMS, LLC indicated on its bankruptcy petition that it expects there will be sufficient assets in the estate to make a payment to the unsecured creditors.
TIMEPLUS SYSTEMS, LLC Bankruptcy Docket Header
TRANSOUT, PlnDue, DsclsDue, NTCAPR, JNTADMN, CLOSED |
Northern District of Indiana (South Bend Division)
Bankruptcy Petition #: 19-31451-hcd
Assigned to: Judge Harry C. Dees, Jr. Chapter 11 Voluntary Asset Debtor disposition: Interdistrict Case Transfer |
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Debtor 1 TimePlus Systems, LLC 1710 Leer Drive Elkhart, IN 46514 ELKHART-IN Tax ID / EIN: 26-2629477 aka IOIPay |
rep. by |
Nathan S. Gimpel
Paul Hastings LLP 71 South Wacker Drive Chicago, IL 60606 312-499-6100 Email: nathangimpel @ paulhastings.com Michael W. Hile Jacobson Hile Kight LLC 108 E. 9th Street 46202 Indianapolis, IN 46202 317-608-1132 Email: mhile @ jacobsonhile.com Christine K. Jacobson Jacobson Hile Kight LLC 108 E. 9th Street The Elliott House Indianapolis, IN 46202 317-608-1132 Email: cjacobson @ jhklegal.com Andrew T. Kight Jacobson Hile Kight LLC The Elliott House 108 E. 9th Street Indianapolis, IN 46202 317-608-1130 Email: akight @ jhklegal.com Matthew M. Murphy 71 South Wacker Drive Chicago, IL 60606 312-499-6100 Email: mattmurphy @ paulhastings.com Matthew J. Smart 71 South Wacker Drive Chicago, IL 60606 312-499-6000 Email: matthewsmart @ paulhasting.com Michael C. Whalen Paul Hastings LLP 71 South Wacker Drive Chicago, IL 60606 312-499-6100 Email: michaelcwhalen @ paulhastings.com |
U.S. Trustee Nancy J. Gargula 100 East Wayne Street, 5th Floor South Bend, IN 46601-2349 574-236-8105 |
rep. by | Susan Jaffe Roberts
Office of the United States Trustee One Michiana Square, Suite 555 100 East Wayne Street South Bend, IN 46601 574-236-8105 Fax : 574-236-8163 Email: Susan.J.Roberts @ usdoj.gov Ellen L. Triebold Office of the United States Trustee 100 East Wayne Street, 5th Floor South Bend, IN 46601 (574) 236-8105 Email: Ellen.L.Triebold @ usdoj.gov |