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