Great Value Storage Ch. 11 Bankruptcy | Free Claim Evaluation
Great Value Storage (“Great Value”) operates storage units across the country. In June 2021 Great Value filed for Chapter 11 bankruptcy in Texas, where the company is based.
Great Value’s bankruptcy filings reflect that nearly 300 individuals and small businesses may be owed money in the Great Value bankruptcy case. Any individual or small business who believes they are owed money by Great Value should take immediate action to ensure they receive what they are owed through the GVS Bankruptcy. In many instances these individuals and small businesses are required to file a “proof of claim” with the bankruptcy court stating the amount they are owed and the basis for the claim. Failure to file a proof of claim by the deadline fixed by the court might result in the loss of the money you or your company may be owed. In this case the court has set a claim deadline of 10/25/2021.
The lawyers at Peiffer Wolf Carr Kane & Conway (“Peiffer Wolf”) represent individuals and small businesses in bankruptcy cases. Our goal is to ensure that our clients receive every dollar they possibly can through the bankruptcy process. If you or your business believe you are owed money in the Great Value Bankruptcy case, you should contact the attorneys of Peiffer Wolf for a FREE Consultation by calling 504-523-2434 or by filling out an online Contact Form.
Great Value Storage Bankruptcy | Do You Have a Claim?
According to documents filed in the bankruptcy case, one of Great Value’s lenders recently commenced foreclosure proceedings, prompting Great Value to go into bankruptcy. Great Value has indicated that it plans to reorganize its debts and that it has assets of $100 million or more available to pay its creditors.
As the deadline for claims of general creditors is rapidly approaching, creditors or anyone who believes they are owed money by Great Value or its affiliates should take action.
If you or your business is listed as a creditor in the GVS Bankruptcy, it does not mean you have been sued. Neither you nor your business is required to take action; however, failure to do so may result in no recovery of what you may be owed in the bankruptcy proceeding.
If you want your case reviewed, the attorneys at Peiffer Wolf will discuss your possible recovery options with you at no charge. Contact us for your FREE Consultation by calling 504–523-2434 or by filling out an online Contact Form.
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Typically, we represent clients on contingency fee agreements. If we take your case under a contingency fee arrangement, you won’t owe our firm any legal fees unless we are able to recover money for you.
Our contingency fee agreements are usually based on a percentage of the amount we recover for our clients. The contingency fee amount is determined by the type of case, our estimate of how long it will take to resolve your case, and our estimate of the litigation costs we will advance in your case. Each engagement agreement includes the details of the fee arrangement. Questions about our fee agreements are welcomed and encouraged.
In most litigation matters, it is extremely difficult – practically impossible – to predict how long it will take to resolve a particular case. Every case is different, and we will do our best to provide you with an estimate based on your case and our experience with similar cases. Moreover, we will do our best to keep you updated and manage expectations along the way.
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