A small trucking company and a logistics firm filed for Chapter 7 liquidation in Texas in late July
In Mobil Trucking LLC of Aledo, Texas, headed by Igor Nisic, managing member of the small carrier, filed its bankruptcy petition in the U.S. Bankruptcy Court for the Northern District of Texas on Monday.
In its filing, In Mobil lists both its assets and liabilities as between $1 million and $10 million and states that it has up to 199 creditors.
Among the general freight company’s top secured creditors are Mercedes-Benz Financial Services USA of Fort Worth, Texas, for nearly $494,370; BMO Harris Bank of Chicago for nearly $452,300; and CIT Bank of Jacksonville, Florida, for nearly $137,350.
At the time of its closure, the company had 15 power units and 12 drivers, according to the Federal Motor Carrier Safety Administration SAFER website. The company’s insurance was canceled last Friday, according to FMCSA data.
The initial meeting of creditors is scheduled for Sept. 8.
A small logistics company, RJF Logistics of Fort Worth, also filed for Chapter 7 protection in late July.
In its filing, Robert Moore, managing member of RJF, lists the company’s assets as between $100,000 and $500,000 and its liabilities as between $500,000 and $1 million. The logistics company did not list its creditors in its four-page filing.
A creditors meeting is set for Sept. 8 in the U.S. Bankruptcy Court for the Northern District of Texas.
According to the Texas Secretary of State’s office, RJF Logistics was incorporated in February 2015.
Read more articles by FreightWaves’ Clarissa Hawes.
Carriers owed thousands after lumber processor files for bankruptcy
Freightliner salesman sentenced in federal excise tax scam
Brokerage employees upset by limited remote-work options despite COVID outbreak
Exclusive: Owner knew drug history of trucker charged in deadly I-70 crash
