The following are recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Savoy East Apartments Inc., 1 Albess Court, Randallstown, filed for protection under Chapter 11. Principal: Irving Settleman, president. Assets: $1,467,473; liabilities: $1,255,292
The Inventory Co. Ltd. Box 12, Reisterstown, filed under Chapter 7. Principal: Alan Brotman, president. Assets and liabilities are under $50,000 each.
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.