Laurie Rea, Chapter 7 Trustee filed a motion in the US Bankruptcy Court seeking the dismissal of Yuma Energy, Inc.'s Chapter 7 bankruptcy case on October 23, 2020. According to the Trustee, the debtor does not have sufficient funds to pay its liabilities and its business have been in a continuous state of decline. The Trustee does not have funds to pay for operating costs, secure insurance coverage or to pay the deductible on the applicable insurance policy, hence the case should be dismissed.