The following are recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Chateau School of Cosmetology Ltd., 3912 Germantown Road, Edgewater, has filed under Chapter 7. Principal: James T. Cox III, president and director. Assets: none; liabilities: over $50,000
Murchake Press Inc., 8 Randall St., Annapolis, a printing firm, has filed under Chapter 7. Principal: David L. Murchake, president. Assets: $35,880; liabilities: $386,989
Forti Builders, Suite 200, 120 Cockeysville Road, Cockeysville, construction and residential development, filed for Chapter 11 protection. Principal: Gerri Forti, president. Assets: $1,250,000; liabilities: $2,250,000
a.k.a: also known as; d/b/a: doing business as; t/a: trading as; n/a: not available; LLC: Limited Liability Company; L/P: Limited Partnership; P/A: Professional Association; P/C: Professional Corporation
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.