The following are recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Seidman Glass Co. Inc.a.k.a. Seidman Glass, 23300 Russell St., Baltimore, filed for Chapter 11 protection. Principal: S. Sherald Seidman, president. Assets: $450,000; liabilities: $700,000
The Boardroom of Pennsylvania Inc., a wood products manufacturer, 3041 Dublin Road in Street, filed for Chapter 11 protection. Principal: Ronnie D. Hopkins, vice president. Assets: $287,750; liabilities: $147,652.15
Ernest J. Litty Jr. Real Estate Development, ment, 1021 Dorsey Road, Millersville, filed for protection under Chapter 11. Principal: Ernest J. Litty Jr. Assets and liabilities are over $1 million 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
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.
Pub Date: 8/26/96