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Parrs Enterprises, Inc.

COURT
Iowa Northern Bankruptcy Court
CASE NUMBER
1:2024bk00026
TYPE / CHAPTER
Voluntary / 11V

Filed

1-11-24

Updated

11-17-24

Last Checked

2-6-24

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Docket

Last Updated
Jan 16, 2024
Last Entry Filed
Jan 14, 2024

Docket Entries by Month

Jan 11 1 Petition Chapter 11 Subchapter V Voluntary Petition for Non-Individuals with Incomplete Schedules. Fee Amount $1738. Debtor(s) Parrs Enterprises, Inc.. Chapter 11 Plan (Small Business) due by 07/9/2024. (Peiffer, Joseph) (Entered: 01/11/2024)
Jan 11 Receipt of Voluntary Petition (Chapter 11)( 24-00026) [misc,volp11] (1738.00) Filing Fee. Receipt number A3487450. Fee amount 1738.00. (re:Doc# 1) (U.S. Treasury) (Entered: 01/11/2024)
Jan 11 2 Motion to Sell Property Free & Clear of Liens Under Section 363 (f) - Real Estate. Fee Amount $199. Filed by Parrs Enterprises, Inc. (Peiffer, Joseph) (Entered: 01/11/2024)
Jan 11 Receipt of Sell/Sale of Property( 24-00026) [motion,sellprop] ( 199.00) Filing Fee. Receipt number A3487473. Fee amount 199.00. (re:Doc# 2) (U.S. Treasury) (Entered: 01/11/2024)
Jan 12 3 Notice and Order re Incomplete Filing (related document(s)1 Voluntary Petition (Chapter 11)) Incomplete Schedules/Statements: Statement of Financial Affairs, Summary of Assets and Liabilities, Schedules A/B,D,E/F,G,H, Declaration Concerning Schedules due by 1/25/2024. Small Business Incomplete Filings due by 1/19/2024. Attorney or Bankruptcy Petition Preparer Disclosure Statement due 1/25/2024. (jmei) (Entered: 01/12/2024)
Jan 12 4 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 3/21/2024. The deadline for filing claims by governmental units is 7/9/2024. 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 1/12/2024. (jmei) (Entered: 01/12/2024)
Jan 12 5 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 1/12/2024. (jmei) (Entered: 01/12/2024)
Jan 12 6 Notice of Appearance and Request for Notice (2002) by Claire Davison Filed by U.S. Trustee United States Trustee. (Davison, Claire) (Entered: 01/12/2024)
Jan 12 7 Notice of Appearance and Request for Notice (2002) by Janet G. Reasoner Filed by U.S. Trustee United States Trustee. (Reasoner, Janet) (Entered: 01/12/2024)
Jan 12 8 Notice of Appointment of Trustee Subchapter V. Douglas Dean Flugum added to the case. Filed by United States Trustee. (Attachments: # 1 Exhibit Subchapter V Trustee Verified Statement) (United States Trustee) (Entered: 01/12/2024)
Jan 12 9 Notice Setting Bar Date for Objections Re: Sell/Sale of Property - Filed by Parrs Enterprises, Inc. (related document(s)2 Sell/Sale of Property). Objections due by 2/2/2024. (Peiffer, Austin) (Entered: 01/12/2024)
Jan 12 10 Certificate of Service re: Notice Setting Bar Date Filed by Debtor Parrs Enterprises, Inc. (related document(s)9 Notice Setting Bar Date). (Peiffer, Austin) (Entered: 01/12/2024)
Jan 12 11 Application to Employ Ag & Business Legal Strategies as Attorney Filed by Parrs Enterprises, Inc. (Attachments: # 1 Exhibit A) (Peiffer, Joseph) (Entered: 01/12/2024)

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Case Information

Court
Iowa Northern Bankruptcy Court
Case number
1:2024bk00026
Assets
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Liabilities
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Judge
Thad J. Collins
Chapter
11V
Filed
Jan 11, 2024
Type
voluntary
Terminated
Nov 7, 2024
Updated
Nov 17, 2024
Last checked
Feb 6, 2024

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    Claire R. Davison
    Internal Revenue Service
    Iowa Department of Revenue
    Janet G. Reasoner
    JKW Enterprises, LLC
    Larry Budnik
    Paul A. Miller
    Ryan John Prahm
    Siobhan Briley
    Siobhan Briley
    Solon State Bank
    Structures Construction
    United States Attorney (IRS)
    Van Buren County Attorney
    Van Buren County Treasurer
    There are 1 more creditors. Subscribe now or purchase this single case to see the full creditors list.

    Parties

    Debtor

    Parrs Enterprises, Inc.
    801 Melrose Ave.
    Iowa City, IA 52246
    VAN BUREN-IA
    Tax ID / EIN: xx-xxx7339

    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
    Joseph A. Peiffer
    Ag & Business Legal Strategies
    1350 Boyson Rd
    Ste Building B
    Hiawatha, IA 52233
    319-363-1641
    Email: joe@ablsonline.com

    Trustee

    Douglas Dean Flugum
    Bugeye Ventures, Inc.
    PO BOX 308
    CEDAR RAPIDS
    Cedar Rapids, IA 52406
    319-389-4581

    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

    Claire Davison
    DOJ-Ust
    210 Walnut Street
    Room 793
    Des Moines, IA 50309
    202-320-3943
    Email: claire.r.davison@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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