Showing posts with label Chapter 11 Banktruptcy. Show all posts
Showing posts with label Chapter 11 Banktruptcy. Show all posts

Tuesday, January 4, 2011

United Reprographics, LLC (Seattle, Wash) in Chapter 11 Bankruptcy

Another reprographer in bankruptcy, this one in the Seattle, Washington market area

Chapter 11 Bankruptcy Petition

Filed: September 3, 2010

Debtor: United Reprographics LLC

1750 4th Ave S

Seattle, WA

Chapter 11 Petition signed (for the Debtor) by Brian K. Sims

Largest Unsecured Creditor listed in BK 11 petition paperwork:

- OCE Financial Services, Inc. was listed as the largest unsecured creditor, amount of obligation $540,000. Debt listed as “disputed”.

Credit card debt listed in BK 11 petition paperwork:

- Amex and Chase; total debt listed at approximately $123,000. (Whew!)

Sales Tax debt listed in BK 11 petition paperwork:

- to the State of Washington Dept of Revenue, debt listed at $130,000. (Disputed.)

Most interesting “asset” listed in Bankruptcy petition filing schedule:

- Default Judgment claim against customer PB Elemental Architecture, LLC – amount of default judgment: $174,425. (Whew!)

Funniest “asset” listed in Bankruptcy petition filing schedule:

- Approximately 3,600 $100 bills in safety deposit box at Wells Fargo Bank (Folks, that’s $360,000 in cash money!)

Largest secured creditor listed in Bankruptcy petition filing schedule:

- Umpqua Bank(fka EvergreenBank), debt listed at $469,000.