Southern California Industrial Manufacturer Cobel Technologies Files for Chapter 7 Bankruptcy

The 20-year-old company reported over $896,000 in unsecured debt and less than $7,000 in total assets.

Published on Feb. 12, 2026

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Cobel Technologies, Inc., a Southern California-based industrial manufacturer, has filed for Chapter 7 bankruptcy protection in the U.S. Bankruptcy Court for the Central District of California. The company, which operated for over 20 years, reported total unsecured debt of $896,720 and assets of only around $7,000, indicating it will likely not have any funds available for distribution to creditors after administrative expenses.

Why it matters

The bankruptcy filing of Cobel Technologies highlights the ongoing challenges facing small and medium-sized manufacturers in California, as they navigate supply chain disruptions, rising costs, and economic uncertainty. The case also underscores the financial distress some companies have faced during the pandemic and post-pandemic recovery period.

The details

According to court documents, Cobel Technologies filed the voluntary Chapter 7 bankruptcy petition on February 10, 2026. The company listed its principal place of business as Covina, California, and reported no prior bankruptcy filings within the past eight years. The petition indicates the company has between 1 and 49 creditors and estimates its assets between $0 and $50,000, while its liabilities are between $500,001 and $1 million. The filing lists Monica Porter as CFO/President with a 50% ownership interest and Jose De Jesus Villagrana as CEO/President, also holding a 50% interest.

  • Cobel Technologies filed for Chapter 7 bankruptcy protection on February 10, 2026.

The players

Cobel Technologies, Inc.

A Southern California-based industrial manufacturer that operated for over 20 years, specializing in the production of UL-listed industrial control panels for refrigeration and other custom industrial applications.

Monica Porter

The CFO/President of Cobel Technologies, holding a 50% ownership interest in the company.

Jose De Jesus Villagrana

The CEO/President of Cobel Technologies, holding a 50% ownership interest in the company.

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The takeaway

The bankruptcy filing of Cobel Technologies underscores the ongoing challenges facing small and medium-sized manufacturers in California, as they navigate supply chain disruptions, rising costs, and economic uncertainty. The case highlights the financial distress some companies have faced during the pandemic and post-pandemic recovery period, with Cobel Technologies reporting over $896,000 in unsecured debt and less than $7,000 in total assets, indicating it will likely not have any funds available for distribution to creditors after administrative expenses.