Savage Group, LLC has voluntarily initiated bankruptcy proceedings in the U.S. Bankruptcy Court for the District of New Jersey. The New Jersey-based company offers a range of services, including water damage restoration, mold remediation, storm restoration, and related services. Court records show that it is doing business as Savage Restoration.
Note: A Chapter 11 bankruptcy filing is a legal process that allows a business to reorganize its debts, restructure obligations, and continue operating while working toward financial stability. Under Chapter 11, a debtor typically proposes a plan to repay creditors over time, subject to court approval. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.
Savage Group, LLC Files for Chapter 11
Court filings, as available on the PACER database, show that the company submitted its petition on September 21, 2026. The records identify Savage Group, LLC as a small business debtor, and state that it opted for a Subchapter V filing.
Subchapter V provides eligible small businesses with a streamlined path to reorganize their debts under Chapter 11.
Michelle Davis-Hutchinson, the company’s president, is listed as its authorized representative. In addition, attorney David Stevens of Clear Path Law, LLC is representing the company in court.
About the Company
Savage Group, LLC is a property restoration company, which provides emergency services for homes and businesses affected by water, mold, fire, and storm damage. Offerings listed on its website are water and sewage damage restoration, mold remediation, fire and smoke cleanup, biohazard cleanup, and storm damage repair.
In addition to emergency restoration, the company provides reconstruction services to repair properties and revive them to their pre-loss condition. It also offers junk removal and the website adds that it has served since 2007. Service areas include Monmouth, Upper Ocean, Middlesex, Essex, Union, and Somerset counties.
Case Related Details
Court filings show that Savage Group, LLC submitted a list of creditors with the largest unsecured claims. These include Dogwood State Bank, Forward Financing LLC, Stellantis Financial Services US, Spartan Business Solutions, LLC, and others.
Filing records indicate that funds will be available for distribution to the unsecured creditors.
The records also include a summary of assets and liabilities, which suggests a financial gap facing the company. While its assets are $492,559.87, its liabilities are estimated at around $2.65 million.
A summary of the Chapter 11 petition is shared here:
- Filing Date: September 21, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of New Jersey, Newark Division
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-20692-EJO
- Estimated Assets: Between $100,001 and $500,000
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
Recent Bankruptcy Filings in the Restoration Industry
Property restoration companies across the country have been consistently turning towards bankruptcy relief in recent months.
A New York-based firm submitted a Chapter 11 petition on March 13, 2026. Court records showed that the emergency remediation services provider aimed to restructure its debts. Property Restoration, Inc. has operated for more than three decades.
A regional restoration company from Hawaii sought bankruptcy protection on February 20, 2026. The petition showed that Hawaii Mold and Flood, LLC decided to proceed under Subchapter V. The company has provided its services for over two decades across the Big Island area.
Apex Turnkey Services, LLC made a voluntary bankruptcy filing on February 17, 2026. Case records showed that the company’s liabilities were more than its assets. The company has been offering reconstruction and property damage restoration services across North Dallas and nearby areas.
Savage Group, LLC joins this list and aims to stabilize its financial footing under court supervision, while operations continue normally.
