Burnt BBQ & Tacos filed for Chapter 11 bankruptcy on July 23, citing financial pressures tied to rising costs and debt. The restaurant has struggled to stay afloat in today’s challenging economic conditions. The small business is seeking court protection to continue operating while it works on a financial restructuring plan.
Highlights
- Burnt LLC filed for Chapter 11 bankruptcy at the Texas Northern Bankruptcy Court on July 23, 2025.
- The company filed under Subchapter V, a provision designed for small businesses seeking streamlined reorganization.
- The court proceedings continue while the restaurant operates.
Burnt LLC Filed for Chapter 11 Subchapter V Bankruptcy
Operating under the name Burnt BBQ & Tacos since 2020, Burnt LLC filed for bankruptcy following sustained financial challenges. According to the bankruptcy report by PacerMonitor, on July 23, the company filed for Chapter 11 bankruptcy protection to reorganize its finances.
The restaurant, located at 2929 Custer Road in Plano, has served the community since 2020. Despite having fewer than 50 creditors, the business has struggled to manage operational and financial obligations.
The filing shows that the restaurant has assets of less than $50,000 and liabilities between $100,001 – $500,000. Limited assets and mounting liabilities ultimately led the company to seek bankruptcy protection…