Cobel Technologies, Inc., a Southern California-based manufacturer, filed for Chapter 7 bankruptcy protection in the U.S. Bankruptcy Court for the Central District of California.
The company, which states on its website that it has operated for more than 20 years, filed the voluntary petition on February 10, 2026.
Court documents list the company’s principal place of business as 822 North Grand Avenue in Covina, with a mailing address at 5526 Homecoming Circle, Apt. E, in Eastvale.
The petition lists Julie J. Villalobos of Oaktree Law as counsel of record.
Cobel Technologies is seeking relief under Chapter 7 of the Bankruptcy Code, which typically involves liquidation of assets rather than reorganization.
According to the petition, the company reported no prior bankruptcy filings within the past eight years.
- Type of filing: Voluntary petition for bankruptcy
- Chapter: 7
- Case number: 2:26-bk-11224-WB
- Estimated assets: between $0 and $50,000
- Estimated liabilities: between $500,001 and $1 million
- Estimated number of creditors: between 1 and 49
Official Form 207 lists Monica Porter as CFO/President with a 50% ownership interest and Jose De Jesus Villagrana as CEO/President, also holding a 50% interest.
The Statement of Financial Affairs reports gross revenue of just over $1.55 million in 2024 and $36,000 in 2025. The filing lists 2026 revenue as “unknown” through the petition date.
The company reports $896,720.14 in total unsecured debt and lists no secured creditors.
Listed assets total approximately $7,000, including $3,000 in inventory (liquidation value), $2,000 in office furniture and computers, and $2,000 in tools and equipment.
The petition indicates that after administrative expenses, no funds are expected to be available for distribution to unsecured creditors.
These include B & K Electric Wholesale ($8,558.14), Bank of the West ($30,000), Digikey ($4,311), Home Depot Credit Services ($1,295), Kapitus ($76,765), Royal Industrial Electric ($105,520), and multiple loans totaling more than $500,000 owed to Mike Warner, among others.
The total amount of priority and non-priority unsecured claims is $896,720, and $7,000 of properties as per Official Form 206Sum.
According to PACER, there are no pending environmental cases or legal proceedings involving the company. It also reports no significant asset transfers prior to the bankruptcy.
About Cobel Technologies
According to the company’s website, Cobel Technologies has manufactured UL-listed industrial control panels for more than 20 years, specializing in refrigeration controls and other custom-built industrial applications.
The company states that its panels have been installed across the United States and internationally, including in Mexico, Canada, and Tahiti. Its customers reportedly included refrigeration contractors, condenser manufacturers, national retail chains, and specialty stores.
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