Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Oct. 15
New Life Video & Sound Inc., 1782 Merritt Blvd., Dundalk, filed under Chapter 11. Principal: Mark S. Grim, president. Assets: $36,500; Liabilities: $152,824.54
Oct. 16
Lois Ann Muse, 9456 Canterbury Riding, Laurel, an individual engaged in day care service, filed under Chapter 13. Assets: $109,020.61; Liabilities: $138,375.60
Timberwood Construction Inc., home remodeling, 3311 Woodvalley Drive, Pikesville, filed under Chapter 7. Principal: Joel D. Gordon, president. Assets: n/a; Liabilities: at least $140,500
Oct. 19
Reliable Rooter & Plumbing Services, 7982 Honeygo Blvd., White Marsh, filed under Chapter 7. Principal: Robert L. Baselli Jr., president. Assets: none; Liabilities: $80,059.82
Charlotte Justice Litsinger, real estate, 5101 Coastal Highway, Ocean City, filed under Chapter 7. Principal: Charlotte Litsinger. Assets: $1,700; Liabilities: $47,530.79
Airfreight Logistics, 7520 Connelley Drive, Hanover, filed under Chapter 7. Principal, Assets & Liabilities: n/a
Oct. 22
Sucore Inc., 14208 Tridelphia Mill Road, Dayton, t/a T. G.'s Video, filed under Chapter 7. Principal: Conrad Reisinger Sr., president. Assets: $9,295; Liabilities: $81,847.28
Abbreviations
a.k.a.: also known as; c/o: care of; d/b/a: doing business as; t/a: trading as; n/a: not available; LLC: Limited Liability Company; L/P: Limited Partnership; J/V: Joint Venture; P/A: Professional Association ; P/C: Professional Corporation
Definitions
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: 10/26/98