Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Jan. 2
Shark's Tooth Bar & Grill Inc.,6-10 Crain Highway, Glen Burnie, filed for protection under Chapter 11. Principal: Ronald R. Roark, president. Assets: $49,000; liabilities: $47,000
Jan. 6
Barbara R. Freeman,1409 Morling Ave., Baltimore, as an individual operating a variety store, filed for adjustment of debts under Chapter 13. Assets: $66,961; liabilities: $128,774.59
Deborah Marie Beale,2035 Wetterhorn Drive, Bel Air, an individual d/b/a DMB Group Homes Inc., provider of assisted living for the elderly, filed for adjustment of debts under Chapter 13. Assets: $134,130; liabilities: $174,820
Linda J. Whitby, M.D.,1052 Old Turkey Point Road, Edgewater, operating a medical practice, filed under Chapter 11. Assets: $447,500; liabilities: $1,016,376.92
Jan. 7
Chesapeake Village Trust,real estate investment/low-income housing, 909 Poplar Hill Road, Roland Park, d/b/a Chesapeake Village Apartments, filed for protection under Chapter 11. Principal: Laura Karll, trustee. Assets: $1,000,000; liabilities: $5,504,976.79
Jan. 8
Donald W. Hobbs,wholesale distributor, 1637 Cottage Ave., Towson, filed under Chapter 7. Assets: $117,950; liabilities: $268,925.98
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
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.
Pub Date: 1/13/97
