Business Services Industry
Bankruptcies
San Fernando Valley Business Journal, Feb 16, 2009
First Nationwide Lending of America, Inc.
27525 Newhall Ranch Road, Suite 9
Valencia
91355
Chapter: 7
Assets: 6,000
Debts: 564,121
Doc#SVO8-20627-KT
File-Date: 12/29/08
Louis Esbin
661-254-5050
Bus type N/A.
Grog Riley PE Struct. Eng. Consultants
24307 Magic Mountain Pkwy, Ste 326
Valencia
91355
Chapter: 7
Assets: 37,266
Debts: 20,515,684
Doc#SV08-20628-GM
File-Date: 12/29/08
Louis Esbin
661-254-5050
Structural engineering consulting.
AirForce One Performance Industries Inc
7763 Lemona Ave
Van Nuys
91405
Chapter: 7
Assets: 10,800
Debts: 354,550
Doc#SV08-20712-KT
File-Date: 12/31/08
Steila Havkin
818-999-1568
Bus type N/A.
Chad Therapeutics, Inc.; AKA: Dormio Tech
10200 Mason Ave #114
Chatsworth
91311
Chapter: 7
Assets: 806,711
Debts: 2,446,791
Doc#SV09-10040-GM
File-Date: 01/05/09
Harris Cohen
818-905-5599
Bus type N/A.
Fourteenth Colony Productions, LLC
13223 Ventura Blvd #H
Studio City
91604
Chapter: 7
Assets: 800.
Debts: 79,352
Doc#SV09-10072-MT
File-Date: 01/05/09
Michael Condiotti
818-345-5120
Advertising.
Info Technology Partners, Inc
107 N. Reino Rd #243
Newbury Park
91320
Chapter: 7
Assets: 6,829
Debts: 563,034
Doc#SV08-10166-GM
File-Date:01/07/08
James Selth
310-207-1494
Computer consulting and training.
107 Zelzah, Inc.
9142 Woodley Ave
North Hills
91343
Chapter: 11
Assets: N/A
Debts: N/A
Doc#SV08-10566-GM
File-Date: 01/20/08
Shawna Nazari
818-385-0797
Single asset R.E.
Bankruptcy information is supplied by Timely Info of Los Angeles, Jack Vaughn (323) 664-4423.
Chapter 7: a "straight" liquidation bankruptcy involving an appointed trustee to sell aft assets by auction or other means to pay creditors and trustee fees.
Chapter 11: a process which allows a business to gain temporary relief from paying debt in order to attempt a successful reorganization. The debtor remains in control of the business during the bankruptcy and the business continues to function.
Chapter 13: a bankruptcy plan available to individuals whose "income is sufficiently stable and regular to enable such individual to make payments under a plan." The debtor makes payments to a trustee who disburses the funds to creditors.
Involuntary bankruptcy: the debtor is forced into bankruptcy by secured creditors whose claims total at least $220,000. Involuntary bankruptcy may be filed under Chapter 7 or 11.
aka: also known as
dba: doing business as
fdba: formerly doing business as
fka: formerly known as
FAW: formerly associated with
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