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Global Processing, Inc.

COURT
Iowa Northern Bankruptcy Court
CASE NUMBER
4:2022bk00669
TYPE / CHAPTER
Voluntary / 11

Filed

10-24-22

Updated

3-31-24

Last Checked

11-14-22

Assets

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Liabilities

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Docket

Last Updated
Nov 14, 2022
Last Entry Filed
Nov 8, 2022

Docket Entries by Month

Oct 24, 2022 1 Petition Chapter 11 Voluntary Petition for Non-Individuals with Incomplete Schedules. Fee Amount $1738. Debtor(s) Global Processing, Inc.. (Martin, Ronald) (Entered: 10/24/2022)
Oct 24, 2022 Receipt of Voluntary Petition (Chapter 11)( 22-00669) [misc,volp11] (1738.00) Filing Fee. Receipt number A3335821. Fee amount 1738.00. (re:Doc# 1) (U.S. Treasury) (Entered: 10/24/2022)
Oct 24, 2022 2 Corporate Resolution Filed by Debtor Global Processing, Inc.. (Martin, Ronald) (Entered: 10/24/2022)
Oct 24, 2022 3 Notice of Appearance and Request for Notice (2002) by Janet G. Reasoner Filed by U.S. Trustee United States Trustee. (Reasoner, Janet) (Entered: 10/24/2022)
Oct 26, 2022 4 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 Global Processing, Inc.. (Martin, Ronald) (Entered: 10/26/2022)
Oct 26, 2022 5 Notice of Appearance and Request for Notice (2002) by Stephanie L. Hinz Filed by Creditor Ford Motor Credit Company LLC. (Hinz, Stephanie) (Entered: 10/26/2022)
Oct 26, 2022 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 Credit Holders due by 11/7/2022. Attorney or Bankruptcy Petition Preparer Disclosure Statement due 11/7/2022. (nbec) (Entered: 10/26/2022)
Oct 26, 2022 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 1/3/2023. The deadline for filing claims by governmental units is 4/24/2023. 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 10/26/2022. (nbec) (Entered: 10/26/2022)
Oct 27, 2022 8 Notice of Appearance and Request for Notice (2002) by Jacob Larson Filed by Iowa Grain Depositors and Sellers Indemnity Fund, Iowa Department of Agriculture and Land Stewardship. (Larson, Jacob) (Entered: 10/27/2022)
Oct 27, 2022 9 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 10/27/2022. (nbec) (Entered: 10/27/2022)
Show 5 more entries
Nov 1, 2022 15 Notice of Appearance and Request for Notice (2002) by Brian D. Jones Filed by Creditor Farmers Trust & Savings Bank. (Jones, Brian) (Entered: 11/01/2022)
Nov 2, 2022 16 Notice of Appearance and Request for Notice (2002) by Michael Fadlovich Filed by U.S. Trustee United States Trustee. (United States Trustee) (Entered: 11/02/2022)
Nov 2, 2022 Request to Set 341 mtg for December 6, 2022 at 10:30 am Filed by United States Trustee. (United States Trustee) (Entered: 11/02/2022)
Nov 2, 2022 17 Motion to Pay Regularly Scheduled Wages for Nov. 4, 2022, Including Prepetition Employee Wages & Expenses Filed by Global Processing, Inc. (Martin, Ronald) (Entered: 11/02/2022)
Nov 2, 2022 18 Motion to Expedite Hearing re: Motion to Pay Regularly Scheduled Wages for Nov. 4, 2022, Including Prepetition Employee Wages & Expenses, Motion to Shorten Notice Pursuant to Rule 9006, and Motion to Limit Notice Filed by Global Processing, Inc. (related document(s)17 Motion). (Martin, Ronald) (Entered: 11/02/2022)
Nov 2, 2022 19 Order Granting Motion to Expedite Hearing, Motion to Shorten Notice and Motion to Limit Notice and Setting Hearing Ordered on 11/2/2022. (related document(s)17 Motion, 18 Motion to Expedite Hearing) Hearing scheduled for 11/3/2022 at 03:00 PM via Telephonic Hearing. (dcri) (Entered: 11/02/2022)
Nov 2, 2022 20 Notice of Hearing Re: Motion to Pay Regularly Scheduled Wages for Nov. 4, 2022, Including Prepetition Employee Wages & Expenses Filed by Global Processing, Inc. (related document(s)17 Motion). Objections due by 11/3/2022. Hearing scheduled for 11/3/2022 at 03:00 PM at Telephonic Hearing. (Martin, Ronald) (Entered: 11/02/2022)
Nov 3, 2022 21 Meeting of Creditors Chapter 11 341(a) meeting to be held on 12/6/2022 at 10:30 AM at Mason City Telephonic 341 Meeting. (nbec) (Entered: 11/03/2022)
Nov 3, 2022 22 Order Granting Debtor's Motion to Pay Regular Scheduled Wages for November 4, 2022, Including Prepetition Employee Wages and Expenses (Related Doc # 17) Ordered on 11/3/2022. (nbec) (Entered: 11/03/2022)
Nov 4, 2022 23 Notice of Appearance and Request for Notice (2002) by Michael Fadlovich Filed by U.S. Trustee United States Trustee. (Fadlovich, Michael) (Entered: 11/04/2022)

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Case Information

Court
Iowa Northern Bankruptcy Court
Case number
4:2022bk00669
Assets
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Liabilities
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Judge
Thad J. Collins
Chapter
11
Filed
Oct 24, 2022
Type
voluntary
Updated
Mar 31, 2024
Last checked
Nov 14, 2022

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    Parties

    Debtor

    Global Processing, Inc.
    945 150th Street
    Kanawha, IA 50447
    HANCOCK-IA
    Tax ID / EIN: xx-xxx9900

    Represented By

    Ronald C. Martin
    Day Rettig Martin, P.C.
    P. O. Box 2877
    Cedar Rapids, IA 52406-2877
    319-365-0437
    Fax : 319-365-5866
    Email: rmartin@drpjlaw.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

    Michael Fadlovich
    DOJ-Ust
    300 South 4th Street
    Room 1015
    Minneapolis, MN 55415
    612-334-1356
    Email: michael.fadlovich@usdoj.gov
    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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