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

BANKRUPTCIES

November 18, 1996

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

Nov. 1

Club Laugh-A-Lot Inc., 840 Guilford Ave., Baltimore, filed for protection under Chapter 11. Principal: Tracy L. Richardson, president. Assets: $9,900; liabilities: $57,698.12

Nov. 4

Bell Enterprises Inc., 70 Cedar Ave., Towson, wholesale/retail sales, filed under Chapter 7. Principal: William B. Bell, president. Assets: none; liabilities: $46,880.39

ResumExpress Inc., 5765 Twelve-Month Court, Columbia, a resume preparation service, filed under Chapter 7. Principal: John G. Meyers, director. Assets: $1,131.69; liabilities: $25,297.44

Amarjit and Ravinder Sahra, 4 Jester Court, Woodlawn, jointly operating a newspaper delivery service, filed for an adjustment of debts under Chapter 13. Assets: $135,260; liabilities: $169,530.67

Mid-Maryland Computer Services Inc., 8970 Old Annapolis Road, Columbia, filed under Chapter 7. Principal: Calvin Voyce Calthran, president. Assets: $200; liabilities: $33,923.89

Columbia Computer Inc., 8970 Old Annapolis Road, Columbia, filed under Chapter 7. Principal: Calvin Voyce Calthran, president. Assets: $23,494; liabilities: $179,871.40

Nov. 6

CIM America Inc., 8970 Old Annapolis Road, Columbia, a provider of integrated computer services, filed under Chapter 7. Principal: Calvin Voyce Calthran, president. Assets: $1,540; liabilities: $284,270.71

Joel McLemore Sr., landscaper, 1903 Jolliet St., Severn, filed under Chapter 7. Assets: $146,560; liabilities: $192,320.26

Keith E. Bailey, 2023 W. North Ave., Baltimore, as an individual operating a florist shop, filed for an adjustment of debts under Chapter 13. Assets: $91,950; liabilities: $42,000

Nov. 7

Arc Water Treatment Co. of Maryland, 10629 Riggs Hill Road, Jessup, filed for protection under Chapter 11. Principal: Edwin F. Goldstein, president. Assets: $552,552; liabilities: $552,552

Nov. 14

Aquaria West Inc., 6400 Baltimore National Pike, Catonsville, a pet center, filed for Chapter 11 protection. Principal: Daniel J. Bartolini, president. Assets: $68,634; liabilities: $83,106

Crystal Pools, c/o 1018 Camden Road, Salisbury, a.k.a. Crystal Pools & Spas, Salisbury, and as Crystal Pools Inc., filed under Chapter 7. Principal: Kent E. Schillinger, president. Assets: $4,734. 23; liabilities: $80,326.92

Olympic Homes LLC, 260 Gateway Drive, Bel Air, new home construction, filed under Chapter 11 protection. Principal: William R. Sudeck Jr., managing member. Assets: $621,460; liabilities: $721,924.71

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: 11/18/96

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