The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland in Baltimore City:
Jan. 19
* Chesapeake Bay Sport Fish Inc., 5935 Rockhold Creek Road, Deale, a fishing charter-boat operation, filed for Chapter 11 protection. Principal: Larry C. Thomas, president. Assets: $161,000; liabilities $210,000
Jan. 20
* Copperfield Builders Inc., 212 Washington Ave., Suite 9, Towson, new home builders, filed for Chapter 7. Principal: John J. Nagle Jr., president. Assets: None; liabilities: $64,555.29
* Lobster Express, 5211 Woodstove Lane, Columbia, has been involuntarily petitioned into Chapter 7 proceedings by creditors. Principal: not listed. Assets: n/a; liabilities: at least $57,333.22
Jan. 23
* Bulldog Welding & Fabrication Inc., 3927 Sykesville Road, Finksburg, filed for Chapter 7. Principal: James Roden, president. Assets: under $50,000; liabilities: over $100,000
Jan. 24
* Larsen Electric Co., 16612 Bahner Court, Mount Airy, filed for Chapter 7. Principal: Kevin R. Larsen, president. Assets: $18,420; liabilities: $67,679
* Wil Pak Industries Inc., 101 N. Haven St., Baltimore, a packaging concern, filed for Chapter 7. Principal: William J. Berger, president. Assets and liabilities are under $50,000 each.
* L. Gordon & Sons, 1050 S. Paca St., Baltimore, d/b/a L. Gordon Packaging, manufacturers of paper boxes and packaging, filed for Chapter 11 protection. Principal: Frank J. Brush Jr., president. Assets: $1,817,135.52; liabilities: $1,649,687.42
Jan. 26
* Richard J. Burroughs, DVM, P/C, veterinary services, 400 Ridgeville Blvd., Mount Airy, filed for Chapter 7. Principal: Richard J. Burroughs, president. Assets: $3,475; liabilities: $76,766.92
* Kenneth David and Cynthia Fay Coleman, 7226A Hall St., Fort Meade, d/b/a Zion Comics, filed for Chapter 7. Assets: $17,023; liabilities: $109,149
The following are the most common types of filings under the U.S. Bankruptcy Code:
CHAPTER 7 -- Liquidation.
CHAPTER 11 -- Reorganization.
CHAPTER 12 -- Agriculture; family farm with other income.
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 as).
n/a: not available. L/P: Limited Partnership. P/A: Professional Association. P/C: Professional Corp.