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

Bankruptcies

June 10, 1996

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

May 31

Genesys Data Technologies Inc.,computer software design and sales, c/o 502 Washington Ave., Towson; has been involuntarily petitioned into Chapter 7 bankruptcy by several creditors. Principal: not named. Assets: n/a; Liabilities: at least $1,700,231.77

June 3

Chanwit Realty Inc.,27753 Leeward Drive, Salisbury, d/b/a Help-U-Sell of Wicomico, a real estate brokerage, sales and services; filed under Chapter 7. Principal: Diana L. Whitney, president. Assets: $2,307; Liabilities: $408,069.12

Brian M. Tuohey,d/b/a Environmental Excavating, 109 Main St., Warwick; filed under Chapter 7. Assets: $66,587.50; liabilities: $194,222.53

June 6

TSC Masonry Inc.,4230 Wolfhill Road, Hampstead, filed under Chapter 7. Principal: Tim Carroll, president. Assets: none; liabilities: $155,778.68

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 Corp.

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.

Pub Date: 6/10/96

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