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

Bankruptcies

March 30, 1998

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

March 19

Phoenix Weight Control System P/C, 10085 Red Run Blvd., Owings Mills, filed under Chapter 7. Principal: Ian R. Anderson, president. Assets: $51,520; liabilities: $141,739.70

Wells & Water Systems by Dashiell Inc., 110 Broadway Street, Fruitland, a.k.a. Wells & Water Systems, filed under Chapter 7. Principal: Sandra Harris, secretary/treasurer. Assets: $634; liabilities: $128,862.51

Neve Diem Nguyen,a.k.a. Stephanie Nguyen, 5614 Newberry St., Mount Washington, filed under Chapter 7. Assets: under $50,000; liabilities: over $50,000

March 20

The Abell Organization Inc., construction and materials handling, 3832 Baker St., Westminster, filed under Chapter 7. Principal: Joseph C. Abell, president. Assets: $115,450; liabilities: $356,965

March 23

Summer Woods One LLC, 111 Warren Road, Cockeysville, residential construction, was involuntarily petitioned to a Chapter 11 filing by Ridge Heating, Air Conditioning & Plumbing, Construction Resources United Building Corp. and other creditors. Principal: not listed. Assets: n/a; liabilities: at least $272,375

Manor Builders Inc., 111 Warren Road, Cockeysville, residential construction, was involuntarily petitioned to a Chapter 11 filing by Number One Supply Corp., Fitzgibbons Enterprises and other creditors. Principal: not listed. Assets: n/a; liabilities: at least $289,875

March 25

Stephen Jednorski, 9609 Dixon Ave., Baltimore, an individual t/a BAV's Auto Body and as BAV's Body Works, filed under Chapter 13. Assets: under $50,000; liabilities: over $50,000

Linda Diane Scott, 4804 Pilgrim Road, Baltimore, a.k.a Linda Diane McCain, d/b/a as Scott's Childcare Services, filed under Chapter 7. Assets: $128,876; liabilities: $173,309.69

Anglo-American Association Inc., 12990 Brighton Dam Road, Clarksville, filed under Chapter 7. Principal: Peter A. Rowell, president. Assets: $363,288.40; liabilities: $580,080.61

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: 3/30/98

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