The following are recent bankruptcy filings in U.S...

BANKRUPTCIES

December 20, 1993

The following are recent bankruptcy filings in U.S. District Court in Baltimore.

NOV. 26

* Imprinter, 8031 Woodholm Circle, Pasadena, a printing firm, filed for Chapter 7. Principal: Robert M. Zuknick. Assets: $230,985; Liabilities: $102,500.

* Harold J. Milway, 1618 Forest Hill Drive, Forest Hill, construction company filed for Chapter 13. Principal: Harold J. Milway Jr. Assets: $131,616.14. Liabilities: $65,000.

NOV. 29

* Lighting Wholesale Supply Co., 3012 Grantley Ave., Baltimore, lighting supplies, filed for Chapter 7. Principal: Maurice Bradford. Assets: $19,200. Liabilities: $49,393.14.

* Joseph V. Hall, 10 Meadow St., Berlin, a real estate agent,

musician and newspaper distributor, filed under Chapter 7. Principal: Joseph Vincent Hall. Assets: $9,691.19; Liabilities: $300,068.07

* Auto Test Products Ltd., 2861 Jessup Road, Jessup, a dealer in automotive test equipment sales and service, filed under Chapter 7. Principal: Christopher Frederick, president. Assets: under $500; Liabilities: over $1 million.

* G. J. Vergos Construction Inc., residential, commercial builder, 542 Stemmers Run Road, Dundalk, filed for Chapter 7. Principal: George J. Vergos, president. Assets: under $50,000. Liabilities: over $100,000.

NOV. 30

* H. David Wisch, 3011 Romeric Court, Baltimore, a social work professional, filed for Chapter 7. Principal: H. David Wisch. Assets: $3,500. Liabilities: $30,801.71

DEC. 9

* John Clegg Edgerton and Victoria Marie Edgerton, 222 Glenda Court, Millersville, manufacturer's representatives for computer products, filed for Chapter 13. Assets: $22,974.45. Liabilities: $158,215.

* Louis Wilson Hanes and Betty Lou Hanes, 615 Banyon Road, Edgewood, breakfast and lunch restaurant, filed for Chapter 7. Assets: $26,647. Liabilities: $149,800.

* Ralph Eli LeBlanc, 726-B Light St., Baltimore, d/b/a Ralph LeBlanc's Federal Hill Pediatric Clinic, filed for Chapter 13. Assets: $100,000 to $499,000. Liabilities: $100,000 to $499,000.

DEC. 10

* Jacqueline Yerkes, P.O. Box 859 Elkton, d/b/a T & C Mini Market, filed for Chapter 11. Assets: $367,390.66. Liabilities: $303,640.55.

* Obisesan Gbadebo, 4209 Buckskin Wood Drive, Ellicott City, d/b/a National Business Credit Inc., filed for Chapter 11. Assets: $1,037,390. Liabilities: $1,700,628.

* Gor Don Inc., 3539 Belair Road, Baltimore, d/b/a Pepper's Cafe, filed for Chapter 7. Assets: $230,000. Liabilities: $439,440.03.

DEC. 13

* Strauss & Co. Inc., 1701 Inverness Ave., Baltimore, fabric and sewing notions wholesale firm, filed for Chapter 11. Principal: Jeffrey Jay Cohn, president. Assets: Between $500,000 and $999,000. Liabilities: over $10 million.

* Raymond H. Wright, 920 Severn Ave., d/b/a R. H. Wright's Cabinets and Millwork, has filed for Chapter 13. Assets: $178,800. Liabilities: $110,600.

* Timothy D. Lang, 617 Lakeland Road South, Severna Park, d/b/a Chesapeake Food & Beverage Inc., has filed for Chapter 7. Assets: $3,450. Liabilities: $606,764.

* William C. Grove, 5810 Merville Ave., Baltimore, a property management company, has filed for Chapter 11. Assets and liabilities between $100,000 and $499,000.

* The Boss Group, 1701 Edmondson Ave., Suite 204, Baltimore, manufacturing, fabrication and sale of above-ground petroleum and chemical storage tanks, filed for Chapter 7. Assets: $87,945.85. Liabilities: $465,863.40.

*

The following are the most common types of filings under the U.S. Bankruptcy Code.

CHAPTER 7 -- Liquidation. A trustee is appointed to take charge of all the debtor's property, except for certain exceptions allowed in the law. The trustee will sell the remaining property for the benefit of creditors, and unless a creditor objects and is upheld by the court, the debt will be discharged.

CHAPTER 11 -- Reorganization. Available to all individuals or businesses, this chapter is primarily intended to allow a business to restructure its debt. A successful reorganization depends on filing a plan and obtaining its approval by creditors and the court.

CHAPTER 13 -- Adjustment of debts of an individual with regular income. This chapter provides a method for individual debtors to repay creditors over a period of up to five years. It ordinarily involves less than $100,000 in unsecured debt and $350,000 in secured debt.

*

a.k.a. (also known as), d/b/a (doing business as) or t/a (trading as): an assumed name a person uses instead of the actual business name or one's personal name.

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