Bondoro Insights

Timely alerts and comprehensive summaries of Chapter 11 bankruptcy cases.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks
Filing Alert: Truck & Trailer Leasing Avenue Chapter 11 2 min read
Chapter 11 Filing Alerts

Filing Alert: Truck & Trailer Leasing Avenue Chapter 11

Truck & Trailer Leasing Avenue Files Chapter 11 in Northern District of Illinois

By Bondoro

Truck & Trailer Leasing Avenue LLC, a Joliet, IL-based commercial truck and trailer lessor, filed for Chapter 11 protection on Apr. 16 in the U.S. Bankruptcy Court for the Northern District of Illinois.

The filing marks the company’s second Chapter 11 case in just over a year, following its prior bankruptcy filed on March 21, 2024 (Case No. 24-04137).

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-05906.


Top Unsecured Claims

Form 204 Top Unsecured Claims
Source: Court filings

Key Parties

Counsel:
  • Saulius Modestas
  • Modestas Law Offices, P.C.
  • Email: smodestas@modestaslaw.com
Signatories:
  • Sergiu Tintiuc – Managing Member
Equity Security Holders:
  • Sergiu Tintiuc – 100% Owner of LLC

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

Stay informed on every Chapter 11 bankruptcy case with liabilities exceeding $10 million. Subscribe for free to have our coverage delivered directly to your inbox, and explore our full archive of past summaries.

If you're already a subscriber and would like to receive timely filing alerts, please reach out and we'll add you to the distribution list.