Reliable Installs files Chapter 11 in Fort Worth

Reliable Installs LLC filed a voluntary Chapter 11 bankruptcy petition Oct. 19 in the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth division. The case is numbered 26-44658-mxm11.

Why it matters

A new Chapter 11 case in the Fort Worth division adds to the Dallas-Fort Worth distress ledger this desk tracks. The docket does not yet list the company’s business address. The docket does not yet state what Reliable Installs does day to day, and no secondary record confirms it, so this report does not characterize the business beyond its own name and the filing itself. What is confirmed: the petition is real, it is in Fort Worth, and the company has not yet filed the paperwork that would show the size of its debts.

The numbers

The docket lists the voluntary Chapter 11 petition as filed, alongside four required disclosures the court has not yet received: a list of equity security holders, tax documents, a statement of operations and a cash flow statement. No schedule of assets or liabilities has posted. Federal bankruptcy rules give a debtor 14 days after filing to submit those schedules unless the court grants more time, so the dollar figures could surface in early November.

What’s next

Watch the Fort Worth docket for the schedules of assets and liabilities, which will show what Reliable Installs owns, what it owes, and to whom. If the company turns out to be a subcontractor or installer tied to local construction work, a lien or payment dispute tied to a named project would be the next DFW story here. More: Dallas-Fort Worth.