Reel Trims LLC has officially turned to bankruptcy protection. The Florida-based woodwork and trim company intends to reorganize its finances through a Chapter 11 filing.
Case records describe the company as a ‘small business debtor,’ which expects to continue operating during the process under court supervision.
Reel Trims LLC Files for Chapter 11
The company made a voluntary filing on March 31, 2026. Complete case details are available on PACER.
According to RK Consultants, owner Ronald Turba signed the petition as the company’s authorized representative. The petition details further mention attorney Steven E. Wallace of Steven E. Wallace, PL as the company’s legal representative in the case.
The case is being heard in the U.S. Bankruptcy Court for the Southern District of Florida.
Case Related Details
Court filings state that the company is a small business debtor in accordance with 11 U.S.C. § 101(51D). Filing details add that it has chosen to proceed under Subchapter V of Chapter 11.
The aggregate noncontingent liquidated debts of Reel Trims LLC are less than $3,424,000. This amount excludes debts owed to insiders or affiliates and is subject to adjustment on April 1, 2028, and every three years thereafter.
Further summarized details of the petition are here:
- Filing Date: March 31, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Southern District of Florida
- Type of Filing: Active, Voluntary Petition, Subchapter V
- Chapter: 11
- Case Number: 26-14072
- Estimated Assets: $500,001-$1 million
- Estimated Liabilities: $1,000,001-$10 million
- Reason for Filing: Restructure business under court supervision
As of now, the company has between 1 and 49 creditors. Court filings indicate that funds will be available for distribution to the unsecured creditors.
The company submitted a list of creditors who have the 20 largest unsecured claims and are not insiders. Some of these creditors are Millwork Sales, Navitas, Wood Grain, and the Florida Department of Revenue.
The company also submitted required documents, including ownership records and creditor listings.
About Reel Trims LLC
The company has been operating as a woodwork and trim company focused on homebuilding and renovation for nearly 18 years. Serving in the residential construction and building materials industry, it focuses on working with millwork products, such as doors, cabinetry, and trims.
Reel Trims LLC operates by offering solutions related to interior finishing materials, such as wood-based products for residential projects.
With several important documents yet to be filed, the company’s financial footing is expected to be shaped through the upcoming proceedings.
