Case number: 7:25-bk-70650 - Physical Investments Inc. - Virginia Western Bankruptcy Court

Case Information
  • Case title

    Physical Investments Inc.

  • Court

    Virginia Western (vawbke)

  • Chapter

    11

  • Judge

    Paul M. Black

  • Filed

    07/18/2025

  • Last Filing

    10/25/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
BUSINESS, PlnDue



U.S. Bankruptcy Court
Western District of Virginia (Roanoke)
Bankruptcy Petition #: 25-70650

Assigned to: Judge Paul M. Black
Chapter 11
Voluntary
Asset


Date filed:  07/18/2025
341 meeting:  08/18/2025

Debtor

Physical Investments Inc.

5101 Greenfield Street, SW
Roanoke, VA 24018
ROANOKE (CITY)-VA
Tax ID / EIN: 47-5315868

represented by
Andrew S Goldstein

Magee Goldstein Lasky & Sayers, P.C.
PO Box 404
Roanoke, VA 24003
540-343-9800
Fax : 540-343-9898
Email: agoldstein@mglspc.com

Trustee

Peter Barrett [Ch. 11]

Ch. 11 Subchapter V Trustee
Kutak Rock, LLP
901 E. Byrd St., Ste. 1000
Richmond, VA 23219
804-343-5237
TERMINATED: 08/15/2025

represented by
Peter Barrett [Ch. 11]

1021 East Cary Street
Suite 810
Richmond, VA 23219
804-343-5237
Email: chapter7.trustee@kutakrock.com
TERMINATED: 08/15/2025

U.S. Trustee

USTrustee

Office of the United States Trustee
210 First Street, Suite 505
Roanoke, VA 24011
(540) 857-2806

 
 
U.S. Trustee

Margaret K Garber

U S Trustee's Office
210 First Street, Suite 505
Roanoke, VA 24011
5408572829
 
 

Latest Dockets

Date Filed#Docket Text
10/25/2025143BNC Certificate of Mailing - PDF Document. (RE: related document(s)[131] Motion to Convert Case to Chapter 7 filed by U.S. Trustee Margaret K Garber, U.S. Trustee USTrustee) No. of Notices: 28. Notice Date 10/24/2025. (Admin.)
10/20/2025142Small Business Monthly Operating Report for Filing Period September 2025 Filed by Andrew S Goldstein on behalf of Physical Investments Inc.. (Attachments: # 1 Bank Statement) (Goldstein, Andrew) (Entered: 10/20/2025)
10/20/2025141Document/Event Entered in Error Filed by Andrew S Goldstein on behalf of Physical Investments Inc. (RE: related document(s)133 Small Business Monthly Operating Report). (Goldstein, Andrew) (Entered: 10/20/2025)
10/20/2025140Notice of Inquiry: Pleading does not match docket text. The month listed on the pleading is for August. The docket text indicates September should be reflected (RE: related document(s)133 Small Business Monthly Operating Report filed by Debtor Physical Investments Inc.) (Ross, Chase) (Entered: 10/20/2025)
10/17/2025139Order Continuing Hearing. The automatic stay shall remain in place pending further order of this Court. (RE: related document(s)57 Motion for Relief From Stay filed by Creditor Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as trustee for Ibis Holdings A Trust, 136 Response filed by Debtor Physical Investments Inc.). Hearing scheduled 11/17/2025 at 10:00 AM Roanoke, US Bankruptcy Courtroom, 2nd Flr, 210 Church Ave., Roanoke, VA 24011. (Ross, Chase) (Entered: 10/17/2025)
10/17/2025138Order Continuing Hearing. The automatic stay shall remain in place pending further order of this Court. (RE: related document(s)63 Motion for Relief From Stay filed by Creditor Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as trustee for Ibis Holdings A Trust, 91 Response filed by Debtor Physical Investments Inc.). Hearing scheduled 11/17/2025 at 10:00 AM Roanoke, US Bankruptcy Courtroom, 2nd Flr, 210 Church Ave., Roanoke, VA 24011. (Ross, Chase)Modified on 10/17/2025 (Ross, Chase). (Entered: 10/17/2025)
10/17/2025137Amended Agreed Order Continuing Hearing. Automatic stay will remain in effect through continued hearing date or further order of the Court. (RE: related document(s)94 Motion for Relief From Stay filed by Creditor Selene Finance LP as the mortgage servicer for WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR IBIS HOLDINGS A TRUST, 135 Order Continuing Hearing). Hearing scheduled 11/17/2025 at 10:00 AM Roanoke, US Bankruptcy Courtroom, 2nd Flr, 210 Church Ave., Roanoke, VA 24011. (Ross, Chase) (Entered: 10/17/2025)
10/17/2025136Response to (related document(s) 57 Motion for Relief From Stay filed by Creditor Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as trustee for Ibis Holdings A Trust) Filed by Andrew S Goldstein on behalf of Physical Investments Inc. Hearing scheduled 10/20/2025 at 10:00 AM Roanoke, US Bankruptcy Courtroom, 2nd Flr, 210 Church Ave., Roanoke, VA 24011. (Goldstein, Andrew) (Entered: 10/17/2025)
10/17/2025135Order Continuing Hearing. Automatic stay will remain in effect through continued hearing date or further order of the Court (RE: related document(s)61 Motion for Relief From Stay filed by Creditor Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as trustee for Ibis Holdings A Trust, 83 Motion for Relief From Stay filed by Creditor Wilmington Savings Fund Society, FSB, not in its individual capacity but solely as trustee for Ibis Holdings A Trust, 89 Response filed by Debtor Physical Investments Inc., 90 Response filed by Debtor Physical Investments Inc., 96 Motion for Relief From Stay filed by Creditor Selene Finance LP as the mortgage servicer for WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR IBIS HOLDINGS A TRUST, 98 Motion for Relief From Stay filed by Creditor Selene Finance LP as the mortgage servicer for WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR IBIS HOLDINGS A TRUST, 100 Motion for Relief From Stay filed by Creditor Selene Finance LP as the mortgage servicer for WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR IBIS HOLDINGS A TRUST, 102 Motion for Relief From Stay filed by Creditor Selene Finance LP as the mortgage servicer for WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR IBIS HOLDINGS A TRUST). Hearing scheduled 11/17/2025 at 10:00 AM Roanoke, US Bankruptcy Courtroom, 2nd Flr, 210 Church Ave., Roanoke, VA 24011. (Ross, Chase). Related document(s) 128 Agreed Motion to Continue Hearing On (related document(s) 61 Motion for Relief From Stay, 83 Motion for Relief From Stay, 92 Motion for Relief From Stay, 96 Motion for Relief From Stay, 98 Motion for Relief From Stay, 100 Motion for Relief filed by Creditor Selene Finance LP as the mortgage servicer for WILMINGTON SAVINGS FUND SOCIETY, FSB, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS TRUSTEE FOR IBIS HOLDINGS A TRUST. Modified on 10/17/2025 (Ross, Chase). (Entered: 10/17/2025)
10/17/2025134Order Continuing Hearing. Automatic stay will remain in effect through continued hearing date or further order of the Court (RE: related document(s)92 Motion for Relief From Stay filed by Creditor Selene Finance, LP as the mortgage servicer for U.S. BANK TRUST NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS TRUSTEE FOR DETERMINATION MORTGAGE TRUST). Hearing scheduled 11/17/2025 at 10:00 AM Roanoke, US Bankruptcy Courtroom, 2nd Flr, 210 Church Ave., Roanoke, VA 24011. (Ross, Chase). Related document(s) 129 Agreed Motion to Continue Hearing On (related document(s) 92 Motion for Relief From Stay) filed by Creditor Selene Finance, LP as the mortgage servicer for U.S. BANK TRUST NATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS TRUSTEE FOR DETERMINATION MORTGAGE TRUST. Modified on 10/17/2025 (Ross, Chase). (Entered: 10/17/2025)