The following are recent bankruptcy filings in the U.S. Bankruptcy Court, Eastern District of Maryland, in Baltimore City
* O. C. Cotton, retail clothing, Ocean Plaza Mall, Ocean City, has filed under Chapter 7. Principal: Ira J. Mensh, president. Assets: $8,100; liabilities: $27,211.04.
* Brian and Donna Cayer, self-employed real estate agents, 316 Alexis Drive, Glen Burnie, filed under Chapter 7. Assets: $130,440; liabilities: $149,880.
* Martel Laboratory Services Inc., 1025 Cromwell Bridge Road, Towson, an environmental testing firm, has filed for protection under Chapter 11. Principal: J. Gary Reed, president. Assets: $985,012; liabilities: $430,341.
* Geonex Corp., 8950 Ninth Street, St. Petersburg, Fla., a holding company of several subsidiaries that survey, produce and supply digital maps, has filed for protection under Chapter 11. Principal: J. Gary Reed, president. Assets: $1,527,386; liabilities: $17,986,422.
The following are 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.
a.k.a. (also known as), d/b/a (doing business as), t/a (trading as).
n/a: not available. LLC: Limited Liability Co.; L/P: Limited Partnership. P/A: Professional Association. P/C: Profession Corp.