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

BANKRUPTCIES

June 22, 1998

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

June 8

Robert & Rose Runkles, 4391 Mill Race Drive, Union Bridge, d/b/a construction contractors, jointly filed under Chapter 7. Assets: more than $100,000; liabilities: more than $200,000

June 12

Shamrock Corp., 8008 E. Riverside Drive, Pasadena, t/a Sidekicks Karate, filed under Chapter 7. Principal: Colleen Harbison, president. Assets: $2,110; liabilities: $168,150

June 15

Clifford Jay Rudo, real estate agent, 54 River Oaks Circle, Pikesville, filed under Chapter 7. Assets: $260,130; liabilities: $377,206

Abbreviations

a.k.a.: also known as; c/o: care of; 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

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: 6/22/98

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