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BDC Group, Inc.

COURT
Iowa Northern Bankruptcy Court
CASE NUMBER
1:2023bk00484
TYPE / CHAPTER
Voluntary / 11

Filed

6-13-23

Updated

12-22-24

Last Checked

6-19-23

Assets

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Liabilities

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Docket

Last Updated
Jun 19, 2023
Last Entry Filed
Jun 18, 2023

Docket Entries by Month

Jun 13, 2023 1 Petition Chapter 11 Voluntary Petition for Non-Individuals with Incomplete Schedules. Fee Amount $1738. Debtor(s) BDC Group, Inc.. (Peiffer, Austin) (Entered: 06/13/2023)
Jun 13, 2023 Receipt of Voluntary Petition (Chapter 11)( 23-00484) [misc,volp11] (1738.00) Filing Fee. Receipt number A3412666. Fee amount 1738.00. (re:Doc# 1) (U.S. Treasury) (Entered: 06/13/2023)
Jun 13, 2023 2 Declaration Under Penalty of Perjury for Non-individual Debtors , Chapter 11 or Chapter 9 Cases Non-Individual: List of Creditors Who Have 20 Largest Unsecured Claims Against You and Are Not Insiders Filed by Debtor BDC Group, Inc.. (Peiffer, Austin) (Entered: 06/13/2023)
Jun 13, 2023 3 Affidavit - Background Statement Regarding Debtor's Operations Filed by Debtor BDC Group, Inc.. (Peiffer, Austin) (Entered: 06/13/2023)
Jun 13, 2023 4 Disclosure of Compensation of Attorney for Debtor Filed by Debtor BDC Group, Inc. (related document(s)1 Voluntary Petition (Chapter 11)). (Peiffer, Austin) (Entered: 06/13/2023)
Jun 13, 2023 5 Application to Employ Ag & Business Legal Strategies as Attorney for Debtor-in-Possession Filed by BDC Group, Inc. (Attachments: # 1 Exhibit A) (Peiffer, Austin) (Entered: 06/13/2023)
Jun 14, 2023 6 Notice and Order re Incomplete Filing (related document(s)1 Voluntary Petition (Chapter 11)) Incomplete Schedules/Statements: Statement of Financial Affairs, Summary of Schedules and Page 2, Schedules A-H, Declaration Concerning Debtor's Schedules, List of Equity Security Holders and Corporate Ownership Statement due by 6/27/2023. (tsta) (Entered: 06/14/2023)
Jun 14, 2023 7 Chapter 11 Business Claims - IT IS ORDERED that the proofs of claims deadline for all creditors except governmental units and the proofs of interest for equity security holders is 8/22/2023. The deadline for filing claims by governmental units is 12/11/2023. IT IS FURTHER ORDERED that the clerk shall give notice of such deadlines and times in the Notice of Chapter 11 Bankruptcy Case. TEXT ONLY ORDER by Judge Thad J. Collins. Ordered on 6/14/2023. (tsta) (Entered: 06/14/2023)
Jun 14, 2023 8 Order Requiring Report on Potential Avoidance Actions - IT IS ORDERED that by no later than 90 days after the filing of the petition, Debtor shall file a report with the court which identifies and describes potential actions or proceedings which might be filed under 11 U.S.C. 544, 545, 547, 548, and 553. The report shall include (1) each claim under the foregoing subsections which Debtor believes may be a colorable claim, (2) the entity or entities against whom the claim has been or could be brought, (3) whether the claim previously has been compromised, (4) whether an action or proceeding has been commenced on the claim, (5) the status of any proceedings which have been commenced, and (6) the plan for bringing actions or proceedings on the claim. The report must include any claims that Debtor may have or may have had against any insider of Debtor. Debtor shall serve a copy of the report on the United States Trustee, any entities filing requests for notices under Local Rule 2002-1(b), the creditors included on the list filed pursuant to Fed.R.Bankr.P. 1007(d), and upon counsel for any official committee. TEXT ONLY ORDER by Judge Thad J. Collins. Ordered on 6/14/2023. (tsta) (Entered: 06/14/2023)
Jun 14, 2023 9 Notice of Appearance and Request for Notice (2002) by (for Dennis Bruce, Equity Holder) Ronald C. Martin Filed by Debtor BDC Group, Inc.. (Martin, Ronald) (Entered: 06/14/2023)
Show 5 more entries
Jun 14, 2023 15 Motion to Use Estate Property to Pay Critical Vendors Filed by BDC Group, Inc. (Peiffer, Austin) (Entered: 06/14/2023)
Jun 14, 2023 16 Support Document re: Motion to Use Estate Property to Pay Critical Vendors Filed by Debtor BDC Group, Inc. (related document(s)15 Motion). (Peiffer, Austin) (Entered: 06/14/2023)
Jun 14, 2023 17 Motion to Expedite Hearing re: Application to Employ, Motion, Motion for Authority to Obtain Credit Under Section 364, Motion, Application to Employ, Motion, Support Document Filed by BDC Group, Inc. (related document(s)5 Application to Employ, 10 Motion, 11 Motion for Authority to Obtain Credit Under Section 364, 12 Motion, 14 Application to Employ, 15 Motion, 16 Support Document). (Attachments: # 1 Exhibit 1) (Peiffer, Austin) (Entered: 06/14/2023)
Jun 14, 2023 18 Notice of Appearance and Request for Notice (2002) by Abram V. Carls Filed by Creditor Keystone Savings Bank. (Carls, Abram) (Entered: 06/14/2023)
Jun 15, 2023 19 Order Granting Motion Expedite Hearing (Related Doc # 17) Ordered on 6/15/2023. Hearing scheduled for 6/15/2023 at 02:00 PM at Cedar Rapids Court Room. (tsta) (Entered: 06/15/2023)
Jun 15, 2023 20 Notice of Hearing Re: Application to Employ, Motion, Motion for Authority to Obtain Credit Under Section 364, Motion, Application to Employ, Motion, Support Document Filed by BDC Group, Inc. (related document(s)5 Application to Employ, 10 Motion, 11 Motion for Authority to Obtain Credit Under Section 364, 12 Motion, 14 Application to Employ, 15 Motion, 16 Support Document). Hearing scheduled for 6/15/2023 at 02:00 PM at Cedar Rapids Court Room. (Peiffer, Austin) (Entered: 06/15/2023)
Jun 15, 2023 21 Notice of Appearance and Request for Notice (2002) by Kristina M. Stanger Filed by Creditor Liquid Capital Exchange, Inc.. (Stanger, Kristina) (Entered: 06/15/2023)
Jun 15, 2023 22 Notice of Appearance and Request for Notice (2002) by Roy Ryan Leaf Filed by Creditor Liquid Capital Exchange, Inc.. (Leaf, Roy) (Entered: 06/15/2023)
Jun 15, 2023 23 Application to Employ Nema Falahpour of BerganKDV as Accountant and Cure Interestedness Filed by BDC Group, Inc. (Attachments: # 1 Exhibit A) (Peiffer, Austin) (Entered: 06/15/2023)
Jun 15, 2023 24 Notice of Appearance and Request for Notice (2002) by Eric W. Lam Filed by Creditor Keystone Savings Bank. (Lam, Eric) (Entered: 06/15/2023)

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Case Information

Court
Iowa Northern Bankruptcy Court
Case number
1:2023bk00484
Assets
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Liabilities
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Judge
Thad J. Collins
Chapter
11
Filed
Jun 13, 2023
Type
voluntary
Updated
Dec 22, 2024
Last checked
Jun 19, 2023

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    Parties

    Debtor

    BDC Group, Inc.
    1525 Ketelsen Road
    Hiawatha, IA 52233
    LINN-IA
    Tax ID / EIN: xx-xxx8533

    Represented By

    Austin Peiffer
    Ag & Business Legal Strategies
    PO Box 11425
    Cedar Rapids, IA 52410-1425
    319-363-1641
    Fax : 319-200-2059
    Email: austin@ablsonline.com

    U.S. Trustee

    United States Trustee
    United States Federal Courthouse
    111 7th Avenue SE, Box 17
    Cedar Rapids, IA 52401-2101
    319-364-2211

    Represented By

    Janet G. Reasoner
    U.S. Trustee
    111 7th Ave SE
    Box 17
    Cedar Rapids, IA 52401
    319-364-2211
    Email: janet.g.reasoner@usdoj.gov

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