The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland in Baltimore City:
Feb. 3
* Martin Anthony Saunders, an individual, t/a PMI Rentals, Box 1, Kingsville, operator of inner-city rental properties, filed under Chapter 7 bankruptcy. Assets: $262,108.59; liabilities: $226,531.53
* Sixty Seven Nineteen Corp., 6719 Belair Road, Baltimore, t/a Pockets, a bar, filed under Chapter 11. Principal: Richard C. Coale, president. Assets: $32,950; liabilities: $61,178.33
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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 12 -- Agriculture, Family Farm with other income.
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. LLC: Limited Liability Co.; L/P: Limited Partnership. P/A: Professional Association. P/C: Profession Corp.