The following are recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Michael Ditch, t/a Benefield Service Center, 8699 Veterans Highway, Millersville, has filed for Chapter 11 protection. Assets: $887,450; liabilities: $552,100
Keyser Point Road Inc., 9846 Keyser Point Road, Ocean City, a single asset realty company filed for Chapter 7. Assets: $165,000; liabilities: $165,000
Harris Plumbing & Heating, Reisterstown, filed for Chapter 7 bankruptcy. Principal: Bernard B. Harris, president. Assets: $2,157; liabilities: $579,973
Walter W. Bozman Jr., t/a Walter's Discount Furniture, 6542 St. Helena Ave., Baltimore, filed for Chapter 7. Assets: under $50,000; liabilities: over $100,000
William M. & Sandra M. Edwards, 1008 Cross Lanes, Abingdon, individuals operating a lawn service company, filed for Chapter 13 adjustment. Assets: $104,148; liabilities: $114,875
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.