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

COPYRIGHT 2009 CBJ, L.P.
COPYRIGHT 2009 Gale, Cengage Learning
 

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