The following are recent filings in U.S. Bankruptcy Court, District of Maryland, Baltimore City:
* Pipeworks Emporium Inc., 2729 Pulaski Highway, Harford County, filed under Chapter 11. Principal: William Pinder III, president. Assets: $332,860.04; liabilities $483,921.02
* D.R.J. Refuse, of Tidewater Park, Centreville, a trash removal and hauling firm, filed for Chapter 11 protection. Principal: Richard J. Duffy, president. Assets: $1,955,530.78; liabilities: $2,961,108.77
* Shelton & Shelton Inc., 2209 Defense Highway, Crofton, a wholesale/retail hardware company, filed for Chapter 7. Principal: Fred Shelton, president. Assets: under $50,000; liabilities: over $400,000
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. LLC: Limited Liability Co.; L/P: Limited Partnership. P/A: Professional Association. P/C: Professional Corp.