Recent filings in the U.S. Bankruptcy Court, District of Maryland, Baltimore City:
Betz Brothers Inc., Box 185, Phoenix, a real estate holding company, filed for protection under Chapter 11. Principal: David S. Betz, president. Assets: $285,390. Liabilities: $105,864.48
Clubhouse Diner Inc., 2323 York Road, Lutherville, a restaurant, has filed for Chapter 11 protection. Principal: George Tsoulamanis, president. Assets: $122,000. Liabilities: $448,571.29
Pamela Gwyneth Wiggin, 415B Notre Dame Lane, Baltimore, a.k.a. Pam Wiggin and d/b/a Pam Wiggin Consulting, filed under Chapter 7. Assets: $39,881. Liabilities: $74,166.76
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; P/C: Professional Corporation
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: 7/27/98