FAIR OAKS, Calif. — After months of complaints about the company's failures, court documents show the co-founder, Austin Paulhus, of Anchored Tiny Homes has filed for Chapter 7 bankruptcy.
Court records show the company owes $12,803,281 and only has $1,257,386 in assets. In the filing, multiple properties are listed as assets, including the homes of his father, Scott Paulhus, and his brother, CEO Colton Paulhus. Other assets include guns, jewelry and even a dog valued at $200.
The filing lists nearly 90-pages of customers impacted by Anchored Tiny Homes from the Bay Area to the greater Sacramento region. A Sacramento-based bankruptcy attorney, that is not working this case, tells ABC10 it may be difficult for anyone to see any money from this case.
"The problem, unfortunately, is when they end up filing, usually there is a huge amount of tax debt, and to the extent there are assets, oftentimes that doesn't even cover the tax debt. The tax man stands ahead of everybody else," said Gary Farley with Fraley & Fraley PC.
ABC10 tried reaching out to Colton Paulhus for comment, but he did not respond. Austin Paulhus' attorney said no one from her firm is able to comment about the case.
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