Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Peerce's Plantation Inc.,12460 Dulaney Valley Road, Phoenix, filed for protection under Chapter 11. Principal: Peerce Lake, president. Assets: $2,000,000; Liabilities: $1,603,282.62
Jimmy J. & Cheryl A. Simmons,9943 Naylor Avenue, Laurel, independent Realtors, filed under Chapter 7. Assets: $176,672; Liabilities: $240,500
Renaissance Textile Corp. Inc.,4124 Menlo Drive, Baltimore, filed under Chapter 7. Principal: Randy B. Grodnitzky, president. Assets: $5,300; Liabilities: $262,734.74
Williams P. Fulton,3926 Old Columbia Pike, Ellicott City, shopping center management/operation, filed under Chapter 7. Assets: $533,735; Liabilities: $339,569
Breeze Courier Group,7526 Connelley Drive, Hanover, filed under Chapter 7. Principal: Sean T. Lacy, president. Assets: $214,816; Liabilities: $592,992
Ruby Enterprises Inc.,1911 Trevanion Road, Taneytown, t/a TCBY of Westminster and as TCBY Treats, filed Chapter 7. Principal: Patricia C. Ruby, president. Assets and liabilities are under $50,000 each.
Paris L. & Patricia C. Ruby,1745 Littlestown Pike, Westminster, t/a TCBY Treats, filed Chapter 7. Assets: under $50,000; Liabilities: over $50,000
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
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.