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

THE BALTIMORE SUN

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

Feb. 23

Eye Concept I, 8200 Perry Hall Blvd., White Marsh, d/b/a Eye Concept, filed for protection under Chapter 11. Principal: Gordon Creamer, president. Assets: $26,000; Liabilities: $498,263.58

March 1

Stephen A. Baker, 3805 N. Rogers Ave., Baltimore, t/a Stephen Baker Painting & Remodeling, filed under Chapter 7. Assets: $4,980.31; Liabilities: $40,674.72

Commercial Steel Inc., 4121 E. Lombard St., Baltimore, filed under Chapter 7. Principal: Anthony Borkowski, president. Assets: $6,745; Liabilities: $1,263,305.37

March 2

Terry and Bobbie Phillips,192 Dutch Drive, Conowingo, truck operators, jointly filed under Chapter 7. Assets: $174,165; Liabilities: $232,817

March 3

William Mark and Michelle Ann McDuff, 21 Country Lane, Colora, t/a Chesapeake Environmental Specialists, jointly filed under Chapter 7. Assets: $116,760; Liabilities: $128,367

March 4

Stanley J. Page, t/a Page Insurance, 10153 York Road, Hunt Valley, filed under Chapter 7. Assets: $65,819; Liabilities: $1,296,215.08

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

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: 3/08/99

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