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

Bankruptcies

December 23, 1996

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

Dec. 13

Edward's Grocery Inc., 610 Compass Road, Middle River, has filed under Chapter 7. Principal: Hebron Edwards, president. Assets: $16,820; liabilities: $153,465.03

Thousand Adventures of Maryland Inc., 11224 Dales Road, Whaleysville, has filed for Chapter 11 protection. Principal: David Vopnford, president. Assets: $1,620,000; liabilities: $1,582,326

Dec. 16

William L. & Olivia Morris, 1128 S. East Ave., Baltimore, jointly t/a Redds Road Repair Service, filed under Chapter 7. Assets: $2,447; liabilities: $57,985

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; J/V: Joint Venture; P/A: Professional Association; P/C: Professional Corporation

Pub Date: 12/23/96

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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