The following are recent filings in the U.S. Bankruptcy...

BANKRUPTCIES

October 30, 1995

The following are recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:

Oct. 18

Baltimore Racquet Club Inc., 405 Central Avenue, Towson, filed for Chapter 7. Principal: Emily DiCicco, president. Assets: under $50,000; liabilities: over $150,000

Oct. 20

Rescom Contractors, 19241 Whiskey Bottom Road, Laurel, construction and exterior renovations company,filed for Chapter 11 protection. Principal: Beverly Lynch, president. Assets and liabilities are under $50,000 each.

Village Lock & Key Inc., 1042 Columbia Mall, Columbia, Chapter 11. Principal: Maria LeTourneau, secretary. Assets: $250,000; liabilities: $250,000

West Construction Co., 428 E. Fort Ave., remodeling and rehabilitation, filed for Chapter 7. Principal: Julius W. West III, president. Assets: $55,818.01; liabilities: $153,207.20

Oct. 24

Chesapeake Floor Fashion 1925 N. Salisbury Blvd., Salisbury filed under Chapter 11. Principal: Richard Hayward, president. Assets: $56,593.42; liabilities: $107,030.23

Oct. 25

PPS Consulting Services Inc. a.k.a. PPS and PPS Inc., 44 Bellfalls Road, Baltimore, filed under Chapter 7. Principal: John Paul Backert, president. Assets: None; liabilities: $42,000

Abbreviations

a.k.a: also known as; d/b/a: doing business as; t/a: trading as; n/a: not available; LLC: Limited Liability Company; L/P: Limited Partnership; P/A: Professional Association; P/C: Professional Corporation

Definitions

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.

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