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

Bankruptcies

September 28, 1998

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

Sept. 24

Eland LLC, 1500 Superior St., Havre de Grace, filed under Chapter 7. Principal: Wesley Shaffer, president. Assets: $347,100; liabilities: $237,684.66

Mr. G. Pharmacy Inc., 1720 Liberty Road, Eldersburg, filed under Chapter 7. Principal: Mary Bernadette Goolsby, president. Assets: $26,780.36; liabilities: $226,922.37

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: 9/28/98

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