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

BANKRUPTCIES

January 22, 1996

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

Jan. 11

Timothy Ulrich Inc., 7852 Kavanaugh Road, Baltimore, an individual t/a Highlight Painting, has filed under Chapter 13. Assets and liabilities: over $100,000 each.

Jan. 12

Lee Allen Abramovitz, 11905K Terragon Road, Reisterstown, operating an insurance and investment service, filed under Chapter 7. Assets: $73,695; Liabilities: $111,734.96

Jan. 16

Kasmas Management of Glen Burnie , a physical fitness center at 8046 Ritchie Highway, filed for Chapter 11 protection. Principal: Peter Kasdas, director. Assets and liabilities: Both are under $50,000 each.

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.

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.