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

Bankruptcies

August 12, 1996

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

August 5

Amberwood Associates Ltd.,4848 Battery Lane, Bethesda, real estate holdings, sales & management, d/b/a Woodside Park Apartments (Baltimore) and also d/b/a Kelle Lou, has filed for Chapter 11 protection. Principal: Loren M. Simpkowitz, general partner. Assets: more than $500,000; Liabilities: more than $10,000,000

August 8

Jeffery Fotiadis,t/a Island Inn, a bar & restaurant, 536 Aiken Ave., Perryville, has filed under Chapter 13. Assets: $293,107; Liabilities: $212,911.45

Knights Cleaning Service Inc.,900 Leeds Ave., Arbutus, a dry cleaner, filed for Chapter 7. Principal: David M. McKissick Jr., president. Assets: $101,150; Liabilities: $339,286.51

TNT Pizza LLC,t/a/ A-1 Pizza & Subs, 2525 Putty Hill Ave., Carney, has filed for Chapter 7. Principal: Nicolas V. Taylor, organizing member. Assets: none; Liabilities: $85,125

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.

Pub Date: 8/12/96

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