Smart Parts Files Chapter 7

For a while, Smart Parts has been on a steady decline. Their monetary downfall started with them filing for chapter 11 earlier this year and now they have filed for chapter 7 bankruptcy.

IN THE UNITED STATES BANKRUPTCY COURT
FOR THE WESTERN DISTRICT OF PENNSYLVANIA
__________________________________________
)
IN RE: ) Chapter 11
)
SMART PARTS, INC. ) Case No. 10-23521-TPA
)
Debtor. ) Doc. No. _____
__________________________________________)
) Related to Doc. No. ____
SMART PARTS, INC. )
)
Movant, ) Hearing Date and Time:
)
v. )
) Response Deadline:
NO RESPONDENTS. )
__________________________________________)
ORDER CONVERTING CHAPTER 11 CASE TO A CASE UNDER CHAPTER 7
AND NOW, this ____ day of ____________, 2010, and upon consideration of the motion
(the “Motion”) of Smart Parts, Inc. (the “Debtor”) styled: Motion of the Debtor to Convert Its
Chapter 11 Case to a Case under Chapter 7, and it appearing that notice of the Motion has been
adequate and that the relief sought in the Motion is in the best interest of the Debtor, its estate
and creditors and that good and sufficient cause exists for granting the relief sought in the
Motion, it is hereby:
ORDERED, that the Motion is granted; and it is further
ORDERED, that this Chapter 11 case is hereby converted to a case under Chapter 7 of
Title 11 of the United States Code; and it is further
ORDERED, that the United States Trustee is directed to appoint a Chapter 7 trustee as
soon as possible; and it is further
Case 10-23521-TPA Doc 59-1 Filed 07/28/10 Entered 07/28/10 18:23:26 Desc
Proposed Order Page 1 of 2
{P0175119.1 }2
ORDERED that the clerk shall serve a copy of this Order on all creditors and parties
having requested notice.
UNITED STATES BANKRUPTCY JUDGE