XCEL DEVELOPMENT, LLC Bankruptcy Filing
Basic Information on XCEL DEVELOPMENT, LLC Bankruptcy
XCEL DEVELOPMENT, LLC filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on June 23, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-36076.
The bankruptcy petition for XCEL DEVELOPMENT, LLC showed assets in the range of $1MM - $10MM with liabilities in the range of $1MM - $10MM. XCEL DEVELOPMENT, 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 XCEL DEVELOPMENT, LLC Bankruptcy:
XCEL DEVELOPMENT, LLC 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.
XCEL DEVELOPMENT, LLC Bankruptcy Docket Header
SmBus |
Southern District of New York (Poughkeepsie)
Bankruptcy Petition #: 17-36076-cgm
Assigned to: Judge Cecelia G. Morris Chapter 11 Voluntary Asset |
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Debtor Xcel Development, LLC P.O. Box 295 2145 Route 9W Cornwall, NY 12518 ORANGE-NY 845-222-7352 Tax ID / EIN: 20-1492587 |
rep. by |
Philip A. Wellner
Wellner and Associates PLLC 1376 Route 23 Craryville, NY 12521 518-851-2400 Fax : 518-935-9723 Email: pwellner @ wellner-law.com |
U.S. Trustee United States Trustee 74 Chapel Street Albany, NY 12207 (518) 434-4553 |