The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland in Baltimore City:
Oct. 13
* Bhandal E. Mahal Inc. 7144B Rolling Bend Road, Baltimore County, a restaurant, filed Chapter 7. Principal: Sewa Singh, president. Assets and liabilities are under $50,000 each.
* Dare Inc., a real estate company, 8 Locust Lane, Westminster, filed under Chapter 11. Principal: Edmund N. Baxter, president. rTC Assets: $3,000; liabilities: $2,350.
* Thompson Creek Town Homes, a homebuilder with offices in Thompson Creek Mall, Stevensville, filed under Chapter 11. Principal: Bruce H. Butterworth, president, finance. Assets: $968,000; liabilities: $1,239,620.
* Macon Inc., a.k.a. Macon Ceramic Tile Co., 12G Queen Anne's Way, Chester, a tile distributor and contractor, filed under Chapter 11. Principal: Harry M. Atherton, president. Assets: $198,619.47; liabilities: $303,109.77.
The following are the most common types of filings under the U.S. Bankruptcy Code:
CHAPTER 7 -- Liquidation.
CHAPTER 11 -- Reorganization.
CHAPTER 13 -- Adjustment of debts of an individual with regular income.
*
a.k.a. (also known as), d/b/a (doing business as), t/a (trading n/a: not available. L/P: Limited Partnership. P/A: Professional
Association.