San Marcos Trucking Operator Files Chapter 11 to Restructure Debts

Key Details Serna's Trucking LLC, a San Marcos-based carrier founded in 2006, filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court for the Western District of Texas on Tuesday. The company voluntarily petitioned to reorganize its finances while continuing operations under court supervision. Federal filings show debts below $3.4 million, qualifying it as a small-business Chapter 11 case. Financial Snapshot The carrier reported total assets of approximately $544,595, with the majority consisting of trucks, dump trucks, and trailers valued around $450,580. Additional assets include roughly $44,000 in accounts receivable, $8,000 in cash, and $12,600 in inventory. The company listed about 49 creditors with secured claims exceeding $194,000, primarily tied to equipment financing. Why It Matters FMCSA records indicate Serna's operates with just one registered driver and power unit, though earlier company materials suggested a larger fleet. The restructuring will allow the operation to continue hauling construction materials and aggregates across Texas while negotiating debt settlements. Founder Claudia Serna, who manages the company, engaged Austin-based attorney Frank B. Lyon to handle the filing.