Pelco Builders, Inc. has voluntarily filed for a bankruptcy process. The general contractor has operated across the Philadelphia area since 1975.
Early filings made by the debtor show that it currently has around 100 to 199 creditors.
Pelco Builders, Inc. Files for Chapter 11
The latest bankruptcy filing of the Coatesville, Pennsylvania-based company appears to be targeted at addressing the claims of its unsecured creditors.
Case filings on RK Consultants state that it submitted a Chapter 11 petition on April 16, 2026. Authorized representative Leonard Pelullo, who is also the company president, signed the petition before the petition was filed.
Case details add that the proceedings are taking place in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. Attorney Albert Anthony Ciardi, III of Ciardi Ciardi & Astin is offering legal representation to the debtor.
Case Related Details
According to PacerMonitor, the debtor has already made certain document filings. These include a corporate resolution and a list of the 20 largest unsecured creditors who are not insiders.
Following this, the debtor added a verification of creditor matrix in the court as well.
Filing details further show that the debtor has a deadline of April 30, 2026, to submit a statement of corporate ownership. In addition, its due date to file the Chapter 11 plan is August 14, 2026.
Other key details of the Chapter 11 petition, as listed on PACER, are here:
- Filing Date: April 16, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Eastern District of Pennsylvania
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-11608
- Estimated Assets: Between $10,000,001 and $50 billion
- Estimated Liabilities: Between $10,000,001 and $50 billion
- Estimated Creditors: Between 100 and 199
- Reason for Filing: Restructure business under court supervision
About Pelco Builders, Inc.
According to its LinkedIn page, the debtor has over 50 years of operational experience as a general contracting company. Based in Coatesville, Pennsylvania, it performs complex sitework, foundations, and shoring.
Its broader operations cover multifamily and commercial mixed-use projects across Philadelphia and nearby areas.
The Chapter 11 process of Pelco Builders, Inc. is expected to help it preserve its five-decade-plus presence in Philadelphia’s construction market through stabilized finances and resolved creditor claims. The outcome will also hinge on its ability to fulfill court deadlines and propose a well-arranged reorganization plan.
