North American Builders Supply, Inc., a supplier of building materials, has applied for bankruptcy proceedings. The Illinois-based company aims to restructure its debts and keep operating while the court oversees the process.
North American Builders Supply, Inc. File for Bankruptcy
North American Builders Supply, Inc. filed a Chapter 11 petition in the U.S. Bankruptcy Court for the Northern District of Illinois. The voluntary petition was filed on December 3.
The building materials supplier provides wood/vinyl/aluminum windows, millwork molding, hardware items, cabinet items, and more products. Its offerings also include design support and delivery services.
Through the latest Chapter 11 proceedings, the building materials supplier plans to maintain operations as the court guides it through the process.
Case Related Details
Attorney Joel Schechter of the Law Offices of Joel A. Schechter represents the company in the case.
As per the filing details shown on PacerMonitor, Joel A Schechter filed the 14-page petition and paid the required $1,738 fee. The Illinois-based building materials supplier submitted the voluntary petition as a ‘non-individual,’ ‘small business.’
The U.S. Bankruptcy Court for the Northern District of Illinois accepted the payment of the required filing fee on Wednesday itself.
Paul McCue, the president of North American Builders Supply, Inc., signed the petition before it was filed on December 3.
North American Builders Supply, Inc. is described as a small business debtor under 11 U.S.C. § 101(51d). Additionally, the Illinois corporation’s aggregate noncontingent liquidated debts are below $3,424,000. It should be noted that this value could be changed on April 1, 2028, and every three years after that.
Key details from the filing include:
- Filing Date: December 3, 2025
- Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of Illinois
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 1:25-bk-18572
- Estimated Assets: $500,001 – $1 million
- Estimated Liabilities: $1,000,001 – $10 million
- Reason for Filing: Financial troubles require a court-supervised process
The official filing stated that North American Builders Supply, Inc. currently owes around 49 unsecured creditors in total. It can repay the creditors through available funds during the latest bankruptcy proceedings.
Attorney Joel Schechter, on behalf of the building materials supplier, submitted a list of creditors and the Corporate Ownership Statement on December 3.
The court’s decisions in the latest Chapter 11 proceedings will now be crucial in determining the future of North American Builders Supply, Inc.
