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

Bankruptcies

September 14, 1998

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

September 4

S&M Enterprises (Sylvia & Morris) Inc., 4574 Edmondson Ave., Baltimore, d/b/a Foot Stop Inc., dealers in retail athletic apparel, filed under Chapter 7. Principal: Sylvia Johnson, president. Assets: $10,419. Liabilities: $221,132.11

September 10

P. C. Kleen Plus Inc.,9 Central Ave., Glen Burnie, computer sales and service, filed for Chapter 7. Principal: Kevin Chroniger, president. Assets: $310. Liabilities: $68,200

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: 9/14/98

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