Stuckey’s Corporation Files Chapter 11 With Up to $50M in Debt

Securitas Global Risk SolutionsNov 3, 2026Risk Perspectives
AI-generated editorial photo of stacked shipping pallets and boxes in a dim warehouse, representing Stuckeys Chapter 11 bankruptcy filing

Stuckey’s Corporation filed Chapter 11 on October 28, 2026, in the U.S. Bankruptcy Court for the Southern District of Georgia, two months after closing the Wrens, Georgia plant that made its pecan log rolls.

Suppliers owed money by Stuckey’s should confirm their receivable balance and trade credit coverage before shipping anything else.

The Wrens plant closure preceded the filing by two months

Stuckey’s shut down production in Georgia before it ever filed for bankruptcy protection.

  • Stuckey’s closed its manufacturing and distribution plant in Wrens, Georgia, in late August 2026, citing rising costs, tariffs, higher fuel prices, and lasting Hurricane Helene damage to Georgia’s pecan crop.
  • The company had owned the Wrens facility for five years before shutting it down, and kept its adjoining candy shop and gift store open to the public.
  • CEO Stephanie Stuckey called the plant closure “a hard decision, and a personal one” in the company’s October 28 statement announcing the Chapter 11 filing.

Debt totals up to $50 million against under $1 million in assets

Court filings show a wide gap between what Stuckey’s owns and what it owes its creditors.

Production shifts to an outsourced partner in Garfield, Georgia

Stuckey’s says the brand keeps operating even as its own factory stays closed.

  • Stuckey’s moved production of its brittle, Hunkey Doreys, and chocolate gophers to a longtime manufacturing partner in Garfield, Georgia.
  • Retail partners including Ingles, Jet Foods, and Food Lion continue to carry Stuckey’s pecan snacks and candies.
  • The company said the family intends to keep the brand alive “through outsourced manufacturing and online sales” rather than filing Chapter 7 liquidation.

What to do now

Suppliers and co-packers with open invoices to Stuckey’s have specific steps to take before the claims window closes.

  1. Pull your current receivable balance for Stuckey’s Corporation and reconcile it against the company’s own books.
  2. Review your trade credit insurance policy now; coverage applies subject to credit limits, notification requirements, and policy terms in place at the time of the filing.
  3. Contact Securitas Global Risk Solutions to confirm your notification deadline and claim documentation before the case moves further.

Disclaimer:
This blog post is meant to be informative and provide helpful tips and insights into credit insurance policies. It is not meant to supersede any policy requirements. Please consult your credit insurance policy for all requirements including claim filing deadlines and required documentation.

Since 2004, Securitas Global Risk Solutions, LLC has helped clients develop trade credit and political risk transfer solutions. As an independent brokerage, Securitas is focused on developing comprehensive solutions that meet client needs, ensuring a complete understanding of policy wording and delivering excellent responsive service. If you want to understand how trade credit insurance can protect your business, contact Securitas Global Risk Solutions to speak with a specialist.

About Author

Securitas Global Risk Solutions

Securitas Global Risk Solutions

Securitas Global Risk Solutions is a specialty insurance brokerage dedicated exclusively to Trade Credit Insurance, Political Risk Insurance, and Nonpayment Insurance. We help businesses protect their receivables, manage cross-border risk, and navigate the complexities of global commerce with confidence. Our team brings deep market expertise and a client-first approach to structuring coverage that aligns with each organization's unique risk profile and growth objectives.

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