Integral Leaps Inc. filed for Chapter 11 bankruptcy on October 7, 2025, in the U.S. Bankruptcy Court for the Central District of California, Riverside Division.
The company, located in Palm Desert, filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code.
The petition was filed in the Central District of California because the company has maintained its domicile, principal place of business, or main assets in the district for at least 180 days before filing, longer than in any other district.
Integral Leaps Inc. Files for Chapter 11 Bankruptcy in California (Riverside) https://t.co/ZgDYtJDL8v #business #bankruptcy #chapter11
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According to PacerMonitor, Integral Leaps filed several required documents, including:
- Official Form 201: Identifies Integral Leaps Inc. as a corporation, notes its principal place of business, and estimates its financial position.
- Official Form 204: Lists the 20 largest unsecured creditors who are not insiders, including Bank of America for credit card purchases.
- Corporate Ownership Statement: Filed to disclose any parent or publicly held companies with 10% or more equity.
The filing shows that the company’s total noncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than $3,424,000.
Creditor Estimates and Available Funds
The debtor provided the following estimates for statistical and administrative information:
- Estimated Available Funds: No funds are expected for unsecured creditors after administrative expenses.
- Estimated Number of Creditors: Between 200 and 999.
- Estimated Assets and Liabilities: Assets and liabilities are both estimated between $1,000,001 and $10 million.
The debtor filed a list of its 20 largest unsecured claims, including a $4,900.00 claim for credit card purchases held by Bank of America.
Integral Leaps Inc. also filed a Corporate Ownership Statement pursuant to bankruptcy rules to identify any parent corporations or publicly held companies owning 10% or more of its equity interest.
A Chapter 11 voluntary bankruptcy petition is filed when a debtor, such as a business or an individual, chooses to initiate the bankruptcy process to reorganize their finances under court supervision. The debtor voluntarily takes this step, unlike an involuntary bankruptcy, which is filed by creditors.
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