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AZJonnie

(2,993 posts)

6. The name of the actual company is omitted in this post, fyi, it's a company known as NABS

Reply to CentralMass (Original post)

Fri Dec 5, 2025, 06:39 PM

Dec 5

North American Builder’s Supply, a Home Depot and Lowe’s rival based in Illinois, has filed for Chapter 11 bankruptcy protection.

The company has remained open and plans to reorganize and continue its operations, according to data shared by RK Consultants on X, the former Twitter.

“North American Builders Supply, Inc., a Yorkville, Illinois-based building materials supplier, filed for Chapter 11 protection on December 3, 2025, in the Northern District of Illinois. The company reported between $500,001 and $1 million in both estimated assets and liabilities,” according to the consulting firm.

The filing lists numerous trade creditors and lines of credit among its largest unsecured claims. Major unsecured creditors include Bluetape, Inc. ($503,219), Kapitus Servicing, Inc. ($149,596), and an unsecured portion of a claim from Central Bank Illinois ($94,131).

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IA8IT House of Roberts Prairie_Seagull Alice Kramden calimary mamajudi doubleplusgood Totally Tunsie Maru Kitteh

33 replies

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Highlight:

Home Depot, Lowe's rival files Chapter 11 bankruptcy [View all] CentralMass Dec 5 OP

The owner is a shithole supporter............... Lovie777 Dec 5 #1

This message was self-deleted by its author ificandream Dec 5 #2

Its not Home Depot Boo1 Dec 5 #17

Oooo-kay Bayard Dec 5 #27

No, They have billons in revenue and are losing money. Jacson6 Dec 5 #32

Yes, it is pretty badly titled and written. CentralMass Dec 7 #33

Can't Be Sure ProfessorGAC Dec 5 #16

thank you for contrasting reality with shitty reporting WarGamer Dec 5 #18

Talk about burying the lede Bobstandard Dec 5 #30

This makes it a bit clearer. Joinfortmill Dec 5 #3

Much Better ProfessorGAC Dec 5 #15

"Well, things are going exactly as we hoped!" ret5hd Dec 5 #4

Heading is wrong - it wasn't Home Depot Cosmocat Dec 5 #5

The actual article headline is "Home Depot, Lowe's rival NABS files Chapter 11 bankruptcy" AZJonnie Dec 5 #9

The name of the actual company is omitted in this post, fyi, it's a company known as NABS AZJonnie Dec 5 #6

Thank You. The Whole Truth IA8IT Dec 5 #8

This message was self-deleted by its author crazylikafox Dec 5 #7

Calling them a Home Depot Rival is like calling a Single A club a "rival" of the Yankees FBaggins Dec 5 #10

Let's eat Gramma... GJGCA Dec 5 #11

Do they have something safely squirreled away to bribe Deal Leader with? UTUSN Dec 5 #12

"Domestic lumber producers generally raise their prices to match import prices." flvegan Dec 5 #13

misleading headline Alice Kramden Dec 5 #14

What even is this article Sympthsical Dec 5 #19

This message was self-deleted by its author AverageOldGuy Dec 5 #20

Whoever wrote that headline should repeat Journalism 101 Raven123 Dec 5 #21

"Whoever wrote that headline should repeat Journalism 101." 3catwoman3 Dec 5 #24

I think the Home Depot, Lowes rival angle is a bit click baity ToxMarz Dec 5 #22

Rival to giants Depot and Lowes? Not hardly. paleotn Dec 5 #23

North American Builder's Supply IronLionZion Dec 5 #25

Wow!!! I thought something was up, they had stockouts in my local store which I think is closing soon bucolic_frolic Dec 5 #26

North American Builder's Supply files Chapter 11 bankruptcy usonian Dec 5 #28

Wow BlueWaveNeverEnd Dec 5 #29

The post is misleading. Hope Depot didn't file for bankruptcy Renew Deal Dec 5 #31