Recent filings in the U.S. Bankruptcy Court, District of...

Bankruptcies

July 08, 1996

Recent filings in the U.S. Bankruptcy Court, District of Maryland,

Baltimore City:

June 28

Roberts Trucking Co.,3922 I Vero Road, Baltimore, filed for protection under Chapter 11. Principal: Jerry D. Roberts, president. Assets: none; liabilities: none

System Configuration & Maintenance Corp.,901 W. Ostend St., Baltimore, a computer maintenance company, filed for Chapter 11 protection. Principal: Darius D. Lane, president. Assets: none; liabilities: $220,132.13

July 1

Stony Run Publishing Inc.,230 Stony Run Lane, Baltimore, filed under Chapter 7. Principal: Thomas Bonsall, president. Assets: $1,300; liabilities: $185,175.24

Lester and Patricia Blasingamejointly, d/b/a L. B. Construction Co., 3629 Elmora Ave., Baltimore, filed under Chapter 7. Assets: $14,116.24; liabilities: $58,707.72

Development Facilitators Inc.,504 Baltimore-Annapolis Blvd., Severna Park, an engineering firm, filed for Chapter 11 protection. Principal: Raymond Streib, president. Assets: $2;liabilities: $25,588

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 Corpora- tion

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: 7/08/96

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