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Bankruptcies.


Enforma Natural Products, Inc 16633 Ventura Blvd, Ste 600 Encino, 91436 Chapter:7, Assets:87. Debts:2,802,089, Doc#SV05-13913-KL File-Date:06/08/05 Gary Plotkin, 818-906-1600 Bus type N/A.

Plantation Construction Co. Inc. 6520 Platt Ave #323 West Hills, 91307 Chapter:11 Assets:N/A, Debts:N/A Doc#SV05-13978-GM, File-Date:06/10/05 Pro-per. Bus type N/A.

Phoenix Family Trust 1930 Seminole Dr, Agoura, 91301 Chapter:11 Assets:N/A Debts:N/A Doc#SV05-14233-MT File-Date:06/20/05 Lawrence Galardi 310-990-5555 Bus type N/A

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 all 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.

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dba: doing business as fdba: formerly doing business as

fka: formerly known as FAW: formery assoclated with

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Publication:San Fernando Valley Business Journal
Article Type:Public Notice
Date:Jul 4, 2005
Words:256
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