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

Bankruptcies

August 17, 1998

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

Aug. 5

American Housing Research; United Properties Group Inc. and Regency Housing Co. 7150 Columbia Gateway Drive, Columbia, subsidiaries of Regency Homes Corp., filed under Chapter 7. Principal: Sol Rosskamm, president. Assets and liabilities not disclosed.

Regency Homes L/P; Regency Financial LLC; Curtis Regency LLC; Best House on the Block Inc.; Covington Condos LLC; C R Springridge LLC; Terra Funding LLC and Regency Frederick LLC,7150 Columbia Gateway Drive, Columbia, all subsidiaries of Regency Homes Corp., filed under Chapter 7. Principal: Zvi Guttman, Regency Homes Corp. Chapter 7 Trustee. Assets and liabilities not disclosed.

Aug. 7

Westbrook Homes at Winding Ridge Inc.,1818 Pot Spring Road, Lutherville, was involuntarily petitioned into a Chapter 7 filing by Builders Supply & Lumber Co. Inc., Number One Supply Corp. and other creditors. Principal: not listed. Assets: n/a. Liabilities: at least $52,823.50

Shapazza of Cockeysville Inc.,35 Cranbrook Road, Cockeysville, a restaurant operator, filed for protection under Chapter 11. Principal: Luigi A. Coppola, president. Assets: $310,000. Liabilities: $119,500

Aug. 13

Strategical Trading Company Inc.,2810 South Haven Drive, Annapolis, filed under Chapter 7. Principal: Tom K. Strom,

president. Assets: $225. Liabilities: $239,371

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; 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: 8/17/98

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