VELOP CORP Bankruptcy Filing
Basic Information on VELOP CORP Bankruptcy
VELOP CORP filed a 11 chapter bankruptcy in the Puerto Rico bankruptcy court on October 19, 2016. This is a voluntary filing; it was assigned the bankruptcy case number #16-08357.
The bankruptcy petition for VELOP CORP showed assets in the range of $0-$100,000 with liabilities in the range of $100,001-$1,000,000. VELOP CORP 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 VELOP CORP Bankruptcy:
VELOP CORP 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.
VELOP CORP Bankruptcy Docket Header
PlnDue, DsclsDue |
District of Puerto Rico (Old San Juan)
Bankruptcy Petition #: 16-08357-BKT11
Assigned to: Bankruptcy Judge BRIAN K. TESTER Chapter 11 Voluntary Asset |
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Debtor VELOP CORP PO Box 19114 San Juan, PR 00910 SAN JUAN-PR Tax ID / EIN: 66-0557196 |
rep. by |
JOSE M PRIETO CARBALLO
JPC LAW OFFICE PO BOX 363565 SAN JUAN, PR 00936-3565 787-607-2066 Email: jmprietolaw @ gmail.com |
U.S. Trustee MONSITA LECAROZ ARRIBAS OFFICE OF THE US TRUSTEE (UST) OCHOA BUILDING 500 TANCA STREET SUITE 301 SAN JUAN, PR 00901 |