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

Bankruptcies

September 09, 1996

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

Aug. 29

San Tomas L/P,real estate ownership, acquisition and development, 6905 San Tomas Road, Elkridge and 1925 N. Lynn St., Arlington, Va., filed for protection under Chapter 11. Principal: Jerome Golub, general partner. Assets and liabilities are over $1 million each.

Sept. 3

Schneider Landscaping Inc.,973 E. Ring Factory Road, Bel Air, filed for Chapter 7. Principal: Mark S. Schneider, president. Assets: $13,200; liabilities: $42,009.80

Terri Taylor Selbylegal services, 8 Decatur St., Berlin, filed under Chapter 7. Assets: $122,634.60; liabilities: $249,713.67

Stephny Luce,2423 Eastern Ave., Baltimore, operating an animal rescue and care service, filed for Chapter 7. Assets: $6,558.19; liabilities: $35,221.87

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.

Pub Date: 9/09/96

Definitions

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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