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

Bankruptcies

April 29, 1996

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

April 19

Allview Inn Partnership,9495 Old Annapolis Road, Ellicott City, investors in real estate, filed for protection under Chapter 11. Principal: Joseph Novak Sr., president. Assets and liabilities over $100,000 each.

Filter Networks Inc.,911 Needwood Avenue, Easton, manufacturer of electronic communications filters, filed for Chapter 11 protection. Principal: David S. Miller, president. Assets: $350,000; liabilities: $973,000.

Marion Reese Jacobsreal estate, 6724 Westbrook Road, Baltimore, filed under Chapter 11. Assets and liabilities: under $50,000 each.

April 24

Kincer Design Associates, a photography studio at 74 Tudor Court, Timonium, filed for Chapter 7. Principal: Walter P. Kincer, president. Assets: $1,246; liabilities: $113,498.25

April 25

Allview Inn Inc.,t/a Allview Liquors, a package goods store, 9495 Old Annapolis Road, Ellicott City, filed under Chapter 11. Principal: Joseph Novak Sr., president. Assets: $350,000; 000; liabilities: $850,000

Novaks Inc.,d/b/a The Allview Inn, a bar and restaurant at 9495 Old Annapolis Road, Ellicott City, filed for Chapter 11 protection. Principal: Joseph Novak Sr., president. Assets: over $100,000; liabilities: over $500,000

Atlantic & Pacific Mattress Co. Inc.,9385 Washington Blvd., Laurel, and d/b/a Dial-A-Mattress and J&W Bedding Operating Corp., filed for Chapter 11 protection. Principal: Adam R. Kidan, president. Assets: $225,000; liabilities: $1,200,000

Have I Got a Bed For You Inc.,9385 Washington Blvd., Laurel, filed for Chapter 11 protection. Principal: Adam R. Kidan, president. Assets: under $50,000; liabilities: over$50,000

C.I. Properties,real estate sales and leasing, 53rd Street, Ocean City, filed under Chapter 11. Principal: James B. Caine Jr., president. Assets: $1,600,000; liabilities: $1,285,000

Harbor House South of Worcester County Inc.,real estate sales and leasing, c/o J. B. Caine Jr., 53rd Street, Ocean City, filed under Chapter 11. Principal: James B. Caine Jr., president. Assets: $1,600,000; liabilities: $1,285,000

The Furniture Connection,873-81 W. Baltimore St., Baltimore, a retail furniture outlet, was involuntarily petitioned to Chapter 7 bankruptcy by Hughes Furniture Co. and other creditors. Principal(s): not listed. Assets: n/a; liabilities: at least $62,166.40

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: 4/29/96

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.

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.