Jefferson Yachts files for Chapter 7

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February 3, 2012
Filed under News

JEFFERSONVILLE, Ind. – Indiana boat builder Jefferson Yachts filed for Chapter 7 liquidation last month, according to documents filed with U.S. Bankruptcy Court in the Southern District of Indiana. Kentuckiana Yacht Sales, which is also owned by Jefferson Yacht sales, was listed alongside the yacht builder in the bankruptcy filing.

In the filing, Jefferson Yachts listed total assets for the company, including personal property, at $17,286, with total liabilities from both secured and unsecured creditors at $570,513.

Jefferson Yachts will meet with creditors on March 7 to discuss the debts and the bankruptcy, as required under Chapter 7 bankruptcy law.

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