Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
March 15
Dmitry Iospha,1872 Autumn Frost Lane, Baltimore, an individual, t/a DI Express Inc., has filed for adjustment of debts under Chapter 13. Assets and liabilities are over $100,000 each.
March 16
Guillerano R. Diaz Fontana and Ofelia Diaz,in the practice of law, 235 Chancery Road, Baltimore, jointly filed under Chapter 7. Assets: $314,925; Liabilities: $425,127.29
Leisure Time Design Inc.,131 Cardamon Drive, Edgewater, filed under Chapter 7. Principal: Jeffrey A. Willett. Assets: $296; Liabilities: $48,339.64
March 17
Penny Helen Frenkel,6202 Wallis Ave., Baltimore, an individual engaged in marketing, filed for adjustment of debts under Chapter 13. Assets: $145,140; Liabilities: $150,000
Wyndholme Village LLC,5205 Frederick Ave., Baltimore, filed for protection under Chapter 11. Principal: James Lancelotta, member. Assets: over $1,000,000; Liabilities: over $5,000,000
HRVL Corp.,430 E. Fort Ave., Baltimore, filed for Chapter 11 protection. Principal: Thomas J. Dawson, president. Assets: $144,500; Liabilities: $67,558.95
Carney Crab House Inc.,2014 E. Joppa Road, Carney, filed for protection under Chapter 11. Principal: n/a. Assets and liabilities: n/a
March 18
Shaikhs H Enterprises Inc.,3210 Hollins Ferry Road, Baltimore, a.k.a. and t/a Pizza Pleasers, filed under Chapter 7. Assets: none; Liabilities: $74,119
Abbreviations a.k.a.: also known as; c/o: care of; d/b/a: doing business as; t/a: trad- ing 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; 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: 3/22/99