A Jacksonville-Area Accounting Firm Files for Chapter 11 Bankruptcy

LJS Associates, an accounting firm based near Jacksonville, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Middle District of Florida.

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LJS Associates, LLC seeks bankruptcy protection (Source: Created on Canva)

Florida-based LJS Associates, LLC has filed for Chapter 11 bankruptcy protection. The filing, submitted on November 3, is listed under case number 3:25-bk-04036.

LJS Associates, LLC Begins Bankruptcy Proceedings

LJS Associates LLC has filed for Chapter 11 under Subchapter V, in the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division. Attorney Rehan N. Khawaja filed the voluntary petition on behalf of the company.

According to Pacer, the petition includes required documents such as Schedules, a Summary of Schedules, a Statement of Financial Affairs, and a Disclosure of Compensation. The company’s Chapter 11 Subchapter V plan is due by February 1, 2026.

The company also submitted a corporate ownership statement outlining its management structure. A Certificate of Authorization confirmed that company management approved the bankruptcy filing.

The court also directed the debtor’s attorney to follow Local Rule 2081-1, which outlines procedural requirements for Chapter 11 cases in the district.

However, state business records do not appear to support those claims. Records show the firm was registered as a limited liability company in Florida on May 30, 2023.

About the Company

LJS Associates LLC, which also operates as Saylors Accounting and Tax, is an accounting firm providing tax preparation and financial consulting services in Florida.

The Nassau County Chamber of Commerce lists the firm’s main office at 1255 Amelia Plaza in Fernandina Beach, Florida. Florida Division of Corporations records show that Leeanne J. Saylors serves as the firm’s manager and registered agent.

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Riya Yadav is a writer with a background in journalism and literature who brings her thoughtful, story-driven approach to content creation. She has contributed to newspapers, with a focus on feature writing that captures the nuance of people and culture. Passionate about art, books, cinema, and all things creative, Riya combines cultural insight with strong research to bring clarity and depth to her writing.
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