A Houston homebuilder and remodeler operating in the Midtown area has filed for bankruptcy, the Houston Business Journal reported yesterday. Casa Villarreal Builders LLC filed for chapter 7 bankruptcy on April 5 in the U.S. Bankruptcy Court for the Southern District of Texas in Houston, according to public records. Casa Villarreal Builders’ bankruptcy filing states it has between one and 49 creditors, estimated assets of up to $50,000 and estimated liabilities of up to $50,000. The filing states there there would be no funds available for distribution to creditors after any administrative expenses are paid. Owner Jose Villarreal said that his company was hit hard during the Great Recession and could not recover.
