Fabling Built’s office on Gaskins Road was emptied out months ago. (BizSense file photos)
Seven months after abruptly shutting down their business and leaving clients and contractors in the lurch, the namesakes of a defunct Richmond-area home remodeling company are seeking legal shelter in the Mountain West.
Last month, Casey and Adrienne Fabling, the couple who owned Henrico-based Fabling Built, filed for bankruptcy in Colorado, according to court records.
Fabling Built performed home renovations and additions primarily in the Richmond region for about seven years before the Fablings closed the business with little notice in March, leading to numerous lawsuits filed in local courts.
Casey and Adrienne Fabling
According to their Sept. 18 bankruptcy filing, the Fablings state they have $217,000 in assets and $3.9 million in liabilities. Court records state the couple left Richmond in June and now reside in a suburb of Denver, Colorado.
Secured creditors listed in the filing include local and regional banks such as Atlantic Union Bank, TowneBank and United Bank.
Among the 125 unsecured creditors listed are many of the clients and contractors that are suing the business. Those cases will now be frozen by the bankruptcy filing.
Those unsecured creditor claims range from $77,000 for $290,000, according to the filing. Multiple contractors are allegedly owed over $100,000 each.
The filing also lists 21 pending legal cases involving the Fablings, including the suit Atlantic Union Bank filed against Fabling Built in the spring, trying to recoup more than $500,000 it loaned to the business with guarantees from Casey Fabling.
The Fablings filed for bankruptcy only as individuals and list Fabling Built LLC and a pair of affiliated entities as co-debtors; however, the LLCs themselves have not filed for bankruptcy. The couple filed for Chapter 7 bankruptcy, which is typically for a liquidation of assets, as opposed to Chapter 11 which allows reorganization.
Denver attorney George Bruntz of The Bruntz Law Firm is representing the Fablings in the proceedings. Neither Casey Fabling nor Bruntz responded to requests for comment by press time.
Fabling Built’s office on Gaskins Road was emptied out months ago. (BizSense file photos)
Seven months after abruptly shutting down their business and leaving clients and contractors in the lurch, the namesakes of a defunct Richmond-area home remodeling company are seeking legal shelter in the Mountain West.
Last month, Casey and Adrienne Fabling, the couple who owned Henrico-based Fabling Built, filed for bankruptcy in Colorado, according to court records.
Fabling Built performed home renovations and additions primarily in the Richmond region for about seven years before the Fablings closed the business with little notice in March, leading to numerous lawsuits filed in local courts.
Casey and Adrienne Fabling
According to their Sept. 18 bankruptcy filing, the Fablings state they have $217,000 in assets and $3.9 million in liabilities. Court records state the couple left Richmond in June and now reside in a suburb of Denver, Colorado.
Secured creditors listed in the filing include local and regional banks such as Atlantic Union Bank, TowneBank and United Bank.
Among the 125 unsecured creditors listed are many of the clients and contractors that are suing the business. Those cases will now be frozen by the bankruptcy filing.
Those unsecured creditor claims range from $77,000 for $290,000, according to the filing. Multiple contractors are allegedly owed over $100,000 each.
The filing also lists 21 pending legal cases involving the Fablings, including the suit Atlantic Union Bank filed against Fabling Built in the spring, trying to recoup more than $500,000 it loaned to the business with guarantees from Casey Fabling.
The Fablings filed for bankruptcy only as individuals and list Fabling Built LLC and a pair of affiliated entities as co-debtors; however, the LLCs themselves have not filed for bankruptcy. The couple filed for Chapter 7 bankruptcy, which is typically for a liquidation of assets, as opposed to Chapter 11 which allows reorganization.
Denver attorney George Bruntz of The Bruntz Law Firm is representing the Fablings in the proceedings. Neither Casey Fabling nor Bruntz responded to requests for comment by press time.
Clearly they have enough assets to move to Colorado. I wonder if they will start to defraud homeowners there and just move to another town and wash/rinse/repeat.
That is a common thing. Not to mention they took out loans not long before they shut their company down. Some investigating needs to be done.
Well Surprise Surprise…We all knew that was coming. I think maybe the authorities need to look at possible Bankruptcy Fraud. It also wouldn’t hurt to get a forensic accountant to look for stashed away money. Just a thought.
Looks like their fresh start includes the ‘Wild Goose Saloon’ I wonder what conveyance of assets took black in the planning and subsequent relocation to the Mile High City.
Sorry, what is the connection between these folks and the “Wild Goose Salon”?