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DBJ: Fort Worth Real Estate Firm Files for Bankruptcy

March 22, 2021 Bill Hethcock of the Dallas Business Journal

MKS Real Estate LLC of Fort Worth has filed for voluntary Chapter 11 bankruptcy protection in the Northern District of Texas.

MKS, represented in court by attorney Eric A. Liepins, lists an address of 9100 U.S. 287 in Fort Worth. Liepins did not immediately return a phone message left at his office for more information about the filing.

The company listed $696,000 in revenue for 2020 and $620,000 in revenue for 2019, according to a statement of financial affairs filed with the bankruptcy documents. The statement lists $58,000 in gross revenue between Jan. 1 of this year and the March 1 Chapter 11 filing date.

MKS listed assets ranging from $0 to $50,000 and debts ranging from $1,000,001 to $10,000,000. The largest unsecured creditor is Frost Bank in Fort Worth, with a claim of $318,000.

Please visit the Dallas Business Journal for more DFW business news.

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