Filing Alert: Ultimate Towing & Recovery Chapter 11

Ultimate Towing & Recovery, LLC and its debtor affiliate⁽¹⁾, a Mount Airy, NC-based provider of vehicle towing, roadside assistance, and truck repair services, filed for Chapter 11 protection on Sep. 17 in the U.S. Bankruptcy Court for the Western District of North Carolina.

The company reports $1 million to $10 million in assets and $10 million to $50 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-31281.

⁽¹⁾ Local Towing HoldCo North Carolina, LLC.

Key Parties

Counsel:

• Jennifer B. Lyday
  Waldrep Wall Babcock & Bailey PLLC
  Email: notice@waldrepwall.com

Signatories:

• Richard Sparr – Manager

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

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