The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland in Baltimore City:
Dec. 8
* R & J Enterprises Ltd., d/b/a Carroll Ad, an advertising and sign service, 5 Oaktree Court, Timonium, filed under Chapter 7. Principal: J. William Bello, president. Assets: $40; liabilities: $80,246.12.
Dec. 9
* Shippers' Choice Inc., 207 Chinquapin Round Road, Annapolis, a driving school, filed under Chapter 7. Principal: Charles R. Longo, president. Assets: under $50,000; liabilities: over $100,000.
* Particular Builders Inc., new home construction, 170 Honeysuckle Drive, Port Deposit, filed under Chapter 7. Principal: Jeffery S. Carson, president. Assets: $24,586.12; liabilities: $87,838.99.
Dec. 14
* L. P. Construction Co. Inc., 8931 Baltimore St., Savage, filed under Chapter 7. Principal: Luciano K. Park, president. Assets: none; liabilities: $16,511.23
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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.