[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  RK | Consultants [@_RKConsultants](/creator/twitter/_RKConsultants) on x 2398 followers Created: 2025-07-24 23:37:43 UTC Illuminated Trees, Inc. Files Chapter XX Bankruptcy 🚨 BANKRUPTCY FILING ALERT 🚨 Illuminated Trees, Inc. Chapter XX - Central District of California Filed: July 24, 2025 Case No. 25-11328 📊 Assets: $0-$50K | Liabilities: $100K-$500K | Total Creditors: 1-49 | Industry: Decorative Lighting Products Filing Summary ━━━━━━━━━━━━━━━━━━━━ Illuminated Trees, Inc., a company specializing in decorative illuminated trees and lighting products, has filed for Chapter XX bankruptcy protection in the Central District of California. Based in Chatsworth, California, the company operates with a primary business address at 9814 Variel Ave and generates annual sales exceeding $XXX million. Financial records indicate significant expenses including $XXXXXXX for trade shows, $XXXXXXX for subcontractors, and $XXXXXXX for rent, suggesting a substantial retail or wholesale operation with physical showroom presence. The company has elected to proceed under Subchapter V of Chapter XX as a small business debtor. The bankruptcy filing reports assets estimated at $0-$50,000 and liabilities between $100,001-$500,000. Major creditors include Stripe Servicing ($140,452), Square ($100,000), and Ivy Receivables ($97,432). The filing follows financial challenges evidenced by negative equity of approximately $XXXXXXX on the company's balance sheet and high interest expenses of $XXXXXXX reported on its profit and loss statement. An affiliated company, Lenasi, Inc., also filed for bankruptcy protection on the same date in the same jurisdiction. PROFESSIONALS ━━━━━━━━━━━━━━━━━━━━ • Debtor's Counsel: YK Law, LLP (Vahe Khojayan) • CEO: John Harutunian #restructuring #bankruptcy #retail #lighting #homegoods  XXX engagements  **Related Topics** [100k](/topic/100k) [$500k](/topic/$500k) [$100k](/topic/$100k) [$50k](/topic/$50k) [chapter 11](/topic/chapter-11) [files](/topic/files) [Post Link](https://x.com/_RKConsultants/status/1948528049126793367)
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RK | Consultants @_RKConsultants on x 2398 followers
Created: 2025-07-24 23:37:43 UTC
Illuminated Trees, Inc. Files Chapter XX Bankruptcy
🚨 BANKRUPTCY FILING ALERT 🚨
Illuminated Trees, Inc. Chapter XX - Central District of California Filed: July 24, 2025 Case No. 25-11328
📊 Assets: $0-$50K | Liabilities: $100K-$500K | Total Creditors: 1-49 | Industry: Decorative Lighting Products
Filing Summary ━━━━━━━━━━━━━━━━━━━━ Illuminated Trees, Inc., a company specializing in decorative illuminated trees and lighting products, has filed for Chapter XX bankruptcy protection in the Central District of California. Based in Chatsworth, California, the company operates with a primary business address at 9814 Variel Ave and generates annual sales exceeding $XXX million. Financial records indicate significant expenses including $XXXXXXX for trade shows, $XXXXXXX for subcontractors, and $XXXXXXX for rent, suggesting a substantial retail or wholesale operation with physical showroom presence.
The company has elected to proceed under Subchapter V of Chapter XX as a small business debtor. The bankruptcy filing reports assets estimated at $0-$50,000 and liabilities between $100,001-$500,000. Major creditors include Stripe Servicing ($140,452), Square ($100,000), and Ivy Receivables ($97,432).
The filing follows financial challenges evidenced by negative equity of approximately $XXXXXXX on the company's balance sheet and high interest expenses of $XXXXXXX reported on its profit and loss statement. An affiliated company, Lenasi, Inc., also filed for bankruptcy protection on the same date in the same jurisdiction.
PROFESSIONALS ━━━━━━━━━━━━━━━━━━━━ • Debtor's Counsel: YK Law, LLP (Vahe Khojayan) • CEO: John Harutunian
#restructuring #bankruptcy #retail #lighting #homegoods
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