The following are recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Mary E. Trott, 1811 Longwood Road, Edgewater, an individual d/b/a Cleaning By Mary, filed under Chapter 13. Assets: $118,795; liabilities: $116,331
Tri L Transport Inc., Interstate 83 and Route 439, Parkton, a trucking company, filed for protection under Chapter 11 of the bankruptcy code. Principal: Edward A. Gallagher IV, president. Assets: $3,513,602.08; liabilities: $11,295,441.84
Mack Brothers Inc., I-83 and Route 439, Parkton, filed for protection under Chapter 11. Principal: Edward A. Gallagher IV, president. Assets: $3,266,043.69; liabilities: $10,721,777.81
George Transfer Inc., I-83 & Route 439, Parkton, a trucking and transport company, filed for Chapter 11. Principal: Edward A. Gallagher IV, president. Assets: $12,423,120; liabilities: $13,216,577
Farrar Network Inc. 5702 Industry Lane, Frederick, a print and design firm, filed for Chapter 11 protection. Principal: James M. Farrar, CEO. Assets: $279,194.58; liabilities: $472,910.59
Davis Lee Powell, 305 Hall Drive, Salisbury, operating an accountancy practice, filed for Chapter 7. Assets: $294,866; liabilities: $301,750
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.