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

Bankruptcies

October 05, 1998

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

September 30

Marine Diesel Systems Inc., 803 Antietam Drive, Davidsonville, filed for Chapter 11 protection. Principal: Lowell E. Kirk, president. Assets: $227,584; Liabilities: $127,025.11

Acker Plumbing Inc., 4205 Sam's Creek Road, New Windsor, filed for protection under Chapter 11. Principal: Bradley Acker, president. Assets and liabilities under $50,000 each.

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: 10/05/98

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.