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

BANKRUPTCIES

April 08, 1996

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

April 1

Phillip & Diane Elswick,1618 Cypress St., Curtis Bay, jointly operating a towing service, filed under Chapter 7. Assets: $29,325; liabilities: $58,349

Sharon L. Towler,an individual operating a craft and flower business in Baltimore, filed for adjustment under Chapter 13. Assets: $52,690; liabilities: $42,367

Anthony Yerry Cariello,9227 Belair Road, Fullerton, operating a home improvement business, filed under Chapter 7. Assets: $7,750; liabilities: $27,097

April 2

D&J Auto Body Inc.,1800 Union Ave., Baltimore, filed under Chapter 7. Principal: Dennis C. Rapp, president. Assets: $9,000; liabilities: $585,244.57

Workaholics Too L/P,c/o 3409 Coastal Highway, Ocean City, a horse breeding and racing partnership, has been involuntarily petitioned into Chapter 7 bankruptcy by creditor(s). Principal: not listed. Assets: n/a; liabilities: at least $588,266

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

Pub Date: 4/08/96

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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