VECTO, INC. Bankruptcy Filing
Basic Information on VECTO, INC. Bankruptcy
VECTO, INC. filed a 7 chapter bankruptcy in the Northern District of Illinois bankruptcy court on April 28, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-06270.
The bankruptcy petition for VECTO, INC. showed assets in the range of $0-$100,000 with liabilities in the range of $1MM - $10MM. VECTO, INC. 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 VECTO, INC. Bankruptcy:
VECTO, 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.
VECTO, INC. Bankruptcy Docket Header
Assigned to: Honorable Judge Janet S. Baer Chapter 7 Voluntary No asset |
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Debtor 1 Vecto, Inc. 7700 Brush Hill Road, Suite 135 Willowbrook, IL 60527 DU PAGE-IL Tax ID / EIN: 46-3749338 |
rep. by |
David Freydin
Law Offices of David Freydin Ltd 8707 Skokie Blvd Suite 312 Skokie, IL 60077 630-516-9990 Fax : 866-897-7577 Email: david.freydin @ freydinlaw.com |
Trustee Thomas E Springer Springer Larsen Greene, LLC dba Springer Brown 300 South County Farm Road Suite G Wheaton, IL 60187 630-510-0000 |
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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 |