A golf cart dealer from Nicholasville, Triple Crown Golf Cars, Inc, has entered bankruptcy. The filing allows the company to restructure its growing debt under court supervision. Operations are expected to continue under the court’s guidance at its Kentucky-based location.
Triple Crown Golf Cars, Inc. Seeks Chapter 11 Protection
Court records show the company filed a voluntary bankruptcy petition on February 19. The company is proceeding under Subchapter V; a streamlined Chapter 11 process designed for small businesses.
Attorney Noah Friend of Noah R Friend Law Firm, PLLC, is representing Triple Crown Golf Cars, Inc. in the U.S. Bankruptcy Court for the Eastern District of Kentucky.
Company Background
As a golf cart dealer, Triple Crown Golf Cars is focused on serving several areas, including service, new and used parts, sales, and rentals.
The company was established in 1991, according to Yelp. The company, owned by Bobbie and Bert Meadows, serves as an authorized Club Car and Trojan Battery dealer.
According to the company website, the family-owned and operated shop serves different purposes. One can use its cart for golf, as a personal chauffeur service for dogs, or on the farm.
Apart from this, Triple Crown Golf Cars offers customization options that allow customers to equip their golf carts/utility vehicles with the latest modifications that meet individual needs.
The company website notes that expert technicians at Triple Crown Golf Cars bear a combined experience of 55 years in golf car repair and service. They serve the Kentucky community through pre-owned inventory, rentals, and used parts and accessories.
Case Related Details
Further details in Triple Crown Golf Cars Inc.’s latest Chapter 11 case are:
- Filing Date: February 19, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Eastern District of Kentucky
- Type of Filing: Active, Voluntary Petition, Subchapter V
- Chapter: 11
- Case Number: 26-50259
- Estimated Assets: $0-$50,000
- Estimated Liabilities: $500,001-$1 million
- Reason for Filing: Restructure business under court supervision
The company estimates it has between one and 49 creditors. Court documents state that after administrative expenses, no funds are expected to be available for unsecured creditors.
Attorney Noah Friend submitted a list of creditors with the 20 largest unsecured claims who are not insiders. Some of the listed creditors are Wells Fargo Financial Leasing, Inc, Forward Financing LLC, American Express, and Club Car LLC. A verification of creditor matrix was submitted as well.
The Chapter 11 Subchapter V proceedings of Triple Crown Golf Cars, Inc marks a notable point in the golf cart dealer’s efforts to reorganize its debts. The upcoming months will be instrumental in determining whether it can emerge successfully from the restructuring process.
