Walnut Creek, California-based Busch Electric, Inc. has officially commenced Chapter 7 proceedings. The company has been providing electrical contracting services for around 52 years.
Court records show the company reported liabilities exceeding its assets, along with declining gross revenue.
Busch Electric, Inc. Enters Bankruptcy
Case records, as available on the PACER database, show that the company officially submitted a Chapter 7 petition on July 9, 2026. Company owner Linda Rodgers signed the petition prior to filing.
The records add that attorney Joe Angelo of Gale, Angelo, Johnson, P.C. is offering legal representation to Busch Electric, Inc.
Proceedings are currently taking place in the U.S. Bankruptcy Court for the Northern District of California.
While the filings do not specify a reason, Chapter 7 filings are typically used to liquidate assets.
About the Company
Busch Electric, Inc. operates as an electrical contracting company serving an upscale residential and commercial client base. Founded in 1974, the company serves customers throughout the San Francisco Bay Area.
According to its website, the company specializes in electrical installations for new construction and major remodeling projects. It also assists with low-voltage systems, custom home automation, networking, and audio-visual integration.
It also provides a range of smart home solutions. These include automated lighting, motorized shades, whole-home generators, backup power systems, and high-performance AV and networking installations.
Latest Case Details
Case records show that the company submitted a summary of assets and liabilities. According to it, while the liabilities of Busch Electric, Inc. are estimated at around $766,077, its assets are approximately $561,917. The figures show the company’s liabilities exceeded its assets at the time of filing.
Other filings included a statement of financial affairs, which shows the changes in gross revenue from 2024 to the date of filing. As given in the records, the value was over $3 million in 2024, which came down to around $2.5 million the next year. From January to the filing date, the value was recorded as roughly $923,939.
Some of the creditors mentioned in the case filings include American Express, Bayshore Supply, First Insurance Funding, Ford Motor Credit, JHS Tax & Consulting, and others.
Court filings indicate that after administrative expenses are paid, no funds will be available for distribution to the unsecured creditors.
A summary of the Chapter 7 petition is shared here:
- Filing Date: July 9, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of California
- Type of Filing: Active, Voluntary Petition
- Chapter: 7
- Case Number: 26-41384
- Estimated Assets: Between $500,001 and $1 million
- Estimated Liabilities: Between $500,001 and $1 million
- Estimated Creditors: 1-49
The recent filing marks a notable moment for the longtime electrical contractor after over five decades in business. As the case progresses, the proceedings could determine the administration of its assets, and the resolution of creditor claims under Chapter 7.
