Rural Virginia Broadband Co. Files Ch. 11 With $219M Debt

By Vince Sullivan · October 21, 2026, 7:20 PM EDT

A provider of broadband, wireless and telephone services to customers in rural Virginia and North Carolina filed for Chapter 11 protection Wednesday in Norfolk, Virginia, saying it owes $219 million to...

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Bankruptcy Scorecard

Summary

A telecommunications co-op serving rural Virginia and North Carolina filed for Chapter 11 to hold a bankruptcy auction backed by a $92 million stalking horse offer for its assets.

Case Number

2:26-bk-72823

Judge

Frank J. Santoro

Venue

U.S. Bankruptcy Court for the Eastern District of Virginia

Capital Structure

Total Liabilities:

$100 million to $500 million

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Documents

Case Information

Case Title

RiverStreet Communications of Virginia, Inc.

Case Number

2:26-bk-72823

Court

Virginia Eastern

Nature of Suit

Date Filed

October 21, 2026