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.
Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Kaona O. Taylor hair salon, 16 Nottingham Lane, Berlin, filed under Chapter 7. Assets: $3,545; Liabilities: $30,946
Vanguard Paving Contracting Inc., 56 Milburn Circle, Pasadena, filed under Chapter 7. Principal: Rory Van Brackel, president. Assets: $42,235; Liabilities: $138,228
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; H/C: Holding Company; LLC: Limited Liability Company; L/P: Limited Partnership; J/V: Joint Venture; P/A: Professional Association
Pub Date: 2/08/99