Kesa LLC has officially commenced bankruptcy proceedings. Court records show that the company currently does business as Tim’s Furniture Mart, a furniture retailer based in Hagerstown, Maryland. The filing lists unsecured claims related to rent, supplier and vendor obligations, and taxes.
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.
Overview of the Filing
Kesa LLC submitted its petition to the U.S. Bankruptcy Court for the District of Maryland on August 20, 2026. The case records identified the company as a small business debtor, adding that it had opted for a Chapter 11, Subchapter V filing.
These types of filings enable small businesses to manage their bankruptcy cases in a streamlined manner at a faster pace and lower cost.
Authorized representative Samir Abu-ajaj signed the petition before it was filed. Attorney Daniel Press of the Law Offices of Daniel M. Press is representing the company.
Highlights from the Petition
Court records, as available on the PACER database, show that Kesa LLC submitted a list of creditors with the largest unsecured claims. These include Hagerstown Premium Outlets LLC, Intercon, Inc., Continental Furniture Brands LLC, Hooker Furnishing Corp, Comptroller of Maryland, and others.
The filing lists five members of Kesa LLC. Samir Abu Ajaj holds the largest ownership stake at 34.5%, followed by Kiet Anh Nguyen at 30.5% and Beatrice Fomumen at 17.5%. Waleed Alashmali and Tawfik Almareh each hold an 8.75% stake.
A summary of the Chapter 11 petition is shared here:
- Filing Date: August 20, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of Maryland
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-19154
- Estimated Assets: Between $500,001 and $1 million
- Estimated Liabilities: Between $500,001 and $1 million
- Estimated Creditors: 1-49
About the Company
Tim’s Furniture Mart operates as a home furnishings and mattress retailer. The company website shows that it was founded by Kevin and Sam and has more than 30 years of furniture industry experience. Its product range includes living room, dining room, bedroom, kids’, office, outdoor furniture, mattresses, and home décor.
The website adds that the retailer serves customers through its physical store and online platform.
Recent Filings by Other Furniture Retail Companies
Furniture retailers across the country have been facing financial pressures, and several of them have made bankruptcy filings.
AFC Acquisition Corporation entered Chapter 11 proceedings on March 4, 2026. The company, currently operating as American Home Furniture & Mattress, took this step after a delayed freeway construction and economic troubles. The furniture chain has been offering its services for nearly 90 years.
Columbus, Ohio-based American Signature Inc. submitted its petition on November 22, 2025. Court records showed that the furniture retail chain was planning to sell its assets within 45 days. As the parent company of American Signature Furniture and Value City Furniture, the debtor has been serving for almost 77 years.
Kesa LLC’s upcoming proceedings are expected to determine how the Hagerstown-based furniture retailer addresses its outstanding obligations while seeking to continue operations.
