Suffolk New York List of creditors holding 20 largest secured claims - Not needed for Chapter 7 or 13 - Form 4 - Post 2005

• Category: Bankruptcy - Creditors
• State: Multi-State
• County: Suffolk
• Control #: US-BKR-F4
• Format: Word; PDF; Rich Text

Description

This form is a list of creditors holding the 20 largest unsecured claims. The form lists the name of the creditor, the nature of the claim, and the amount of the claim. This form is data enabled to comply with CM/ECF electronic filing standards. This form is for post 2005 act cases. Suffolk, New York is a vibrant county situated on Long Island in the state of New York. It is home to a diverse population and offers a range of attractions, amenities, and opportunities. This detailed description will focus on the list of creditors holding the 20 largest secured claims in Suffolk, New York. Please note that the information provided below is applicable post-2005 and excludes Chapter 7 or 13 cases. In Suffolk, New York, the list of creditors holding the 20 largest secured claims represents individuals or entities who have outstanding debts that are secured by collateral. Secured claims are debts that have specific assets (collateral) attached to them, which can be used to repay the debt in case of default. These claims provide creditors with a higher level of protection compared to unsecured claims. The 20 largest secured claims in Suffolk, New York can encompass various types, including but not limited to: 1. Mortgage Lenders: These are financial institutions or private lenders who hold mortgages on properties in Suffolk, New York. They have the right to foreclose on these properties in case of loan default. 2. Auto Lenders: Auto loans are common secured claims held by lenders in Suffolk, New York. These loans are secured by the vehicles themselves, and lenders can repossess the vehicles if borrowers fail to make payments. 3. Equipment Financing Companies: Businesses in Suffolk, New York often secure loans for purchasing equipment required for their operations. These lenders hold secured claims against the equipment, enabling them to repossess it in the event of non-payment. 4. Personal Property Lenders: Some lenders specialize in providing secured loans against personal property such as jewelry, artwork, or valuable assets. They hold secured claims by securing the loans with the respective items. 5. Construction Loans: Builders and contractors in Suffolk, New York may have secured loans from financial institutions or private lenders to fund construction projects. These lenders have claims secured by the underlying property. 6. Commercial Real Estate Loans: Large-scale commercial properties like office buildings or shopping centers often require substantial financing. These loans are secured by the properties themselves and are held by various lenders. 7. Agriculture Financing Institutions: Suffolk, New York is known for its agricultural industry. Farms and agricultural businesses may secure loans for land purchases, machinery, or livestock. These loans create secured claims against the specific assets involved. 8. Collateralized Business Loans: Businesses in Suffolk, New York may seek loans and secure them with specific assets as collateral. These claims can be held by banks or other lending institutions. 9. Boat and Yacht Lenders: Suffolk, New York's proximity to the Atlantic Ocean and Long Island Sound makes it a popular destination for boating enthusiasts. Lenders specializing in boat and yacht loans may hold secured claims on vessels. 10. Aviation Financing Companies: Suffolk, New York is also home to several airports and aviation-related activities. Lenders who provide financing for aircraft purchases may possess secured claims against these assets. It is essential to note that individuals and entities on the list of creditors holding the 20 largest secured claims in Suffolk, New York post-2005 can vary based on the specifics of each case and the prevailing economic conditions. These claims play a significant role in bankruptcy proceedings or debt restructuring efforts, ensuring that creditors maintain a certain level of security while attempting to recover their loans.

Suffolk, New York is a vibrant county situated on Long Island in the state of New York. It is home to a diverse population and offers a range of attractions, amenities, and opportunities. This detailed description will focus on the list of creditors holding the 20 largest secured claims in Suffolk, New York. Please note that the information provided below is applicable post-2005 and excludes Chapter 7 or 13 cases. In Suffolk, New York, the list of creditors holding the 20 largest secured claims represents individuals or entities who have outstanding debts that are secured by collateral. Secured claims are debts that have specific assets (collateral) attached to them, which can be used to repay the debt in case of default. These claims provide creditors with a higher level of protection compared to unsecured claims. The 20 largest secured claims in Suffolk, New York can encompass various types, including but not limited to: 1. Mortgage Lenders: These are financial institutions or private lenders who hold mortgages on properties in Suffolk, New York. They have the right to foreclose on these properties in case of loan default. 2. Auto Lenders: Auto loans are common secured claims held by lenders in Suffolk, New York. These loans are secured by the vehicles themselves, and lenders can repossess the vehicles if borrowers fail to make payments. 3. Equipment Financing Companies: Businesses in Suffolk, New York often secure loans for purchasing equipment required for their operations. These lenders hold secured claims against the equipment, enabling them to repossess it in the event of non-payment. 4. Personal Property Lenders: Some lenders specialize in providing secured loans against personal property such as jewelry, artwork, or valuable assets. They hold secured claims by securing the loans with the respective items. 5. Construction Loans: Builders and contractors in Suffolk, New York may have secured loans from financial institutions or private lenders to fund construction projects. These lenders have claims secured by the underlying property. 6. Commercial Real Estate Loans: Large-scale commercial properties like office buildings or shopping centers often require substantial financing. These loans are secured by the properties themselves and are held by various lenders. 7. Agriculture Financing Institutions: Suffolk, New York is known for its agricultural industry. Farms and agricultural businesses may secure loans for land purchases, machinery, or livestock. These loans create secured claims against the specific assets involved. 8. Collateralized Business Loans: Businesses in Suffolk, New York may seek loans and secure them with specific assets as collateral. These claims can be held by banks or other lending institutions. 9. Boat and Yacht Lenders: Suffolk, New York's proximity to the Atlantic Ocean and Long Island Sound makes it a popular destination for boating enthusiasts. Lenders specializing in boat and yacht loans may hold secured claims on vessels. 10. Aviation Financing Companies: Suffolk, New York is also home to several airports and aviation-related activities. Lenders who provide financing for aircraft purchases may possess secured claims against these assets. It is essential to note that individuals and entities on the list of creditors holding the 20 largest secured claims in Suffolk, New York post-2005 can vary based on the specifics of each case and the prevailing economic conditions. These claims play a significant role in bankruptcy proceedings or debt restructuring efforts, ensuring that creditors maintain a certain level of security while attempting to recover their loans.