The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland in Baltimore City:
Oct. 28
* Simpson Electrical Co. Inc., 1405 Odenton Road, Odenton, electrical contractors, filed under Chapter 11. Principal: Josiah H. Tice, president. Assets: $1,350,000; liabilities: $1,449,810
Oct. 31
* Allen N. Walpert & Sons, electrical contractors at 2804 Hampden Ave., Baltimore, filed for Chapter 11 protection. Assets: $734,000; Liabilities: $897,000
* W Corp., 12445 Ocean Gateway, Ocean City, a window manufacturer, d/b/a International Window, filed Chapter 7. Principal: Harley B. Day, president. Assets: none; liabilities: $413,485.24
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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.
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a.k.a. (also known as), d/b/a (doing business as), t/a (trading as)
n/a: not available. L/P: limited partnership. P/A: professional association.