Early bird tickets for Baltimore’s BEST party on sale now!

Recent filings in the U.S. Bankruptcy Court,...

THE BALTIMORE SUN

Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:

Dec. 16

Trac Construction Inc., 3520-B Wilkens Ave., Baltimore filed under Chapter 7. Principal: Robert Henneberry, president. Assets: $512,705.74; Liabilities: $495,519.98

L E Realty Inc., 4244 St. Vincent's Drive, Baltimore, filed under Chapter 7. Principal: Malcolm S. Snyderman, president. Assets: none; Liabilities $54,358

L F E No. 1 Inc., 4244 St. Vincent's Drive, Baltimore, filed under Chapter 7. Principal: Malcolm S. Snyderman, president. Assets: none; Liabilities $10

Robert J. Mitchell, 9 Main Sail Drive, Elkton, t/a Mitchells Marina, filed under Chapter 7. Assets: $298,399.94; Liabilities: $389,376.53

Stanley James Development Corp., 5558 Muddy Creek Road, West River, filed for protection under Chapter 11. Principal: James King, president. Assets and liabilities are each over $1 million.

Dec. 17

Hair Clip Inc., 6929 Harford Road, Parkville, a.k.a. Carl's Hairstylist; Hair Clip; Family Hair Cutters and CAT Enterprises of Delaware, filed for Chapter 11 protection. Principal: Carl F. Catlin Jr., president. Assets: $163,213.24; Liabilities: $579,429.44

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: 12/28/98

Copyright © 2019, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad
46°