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

Bankruptcies

October 19, 1998

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

Oct. 5

BAF Foods II Inc., 2018 Royal Fern Court, Bel Air, has filed under Chapter 7. Principal: Donald M. Barrick Jr., president. Assets: $11,520; Liabilities: $262,305

BAF Food Services Inc., 2018 Royal Fern Court, Bel Air, with operations in Pennsylvania and Georgia, has filed Chapter 7. Principal: Donald M. Barrick Jr., president. Assets: $1,576; Liabilities: $1,808,268.64

Key Services of Maryland Inc., 33120 Shavox Road, Parsonsburg, a.k.a Key Services Inc. and Key Service, has filed Chapter 7. Principal: Madeline Christman, authorized agent. Assets: $4,045; Liabilities: $45,227.21

Oct. 8

Georgetown North Inc., 125 Main St., Bel Air, filed Chapter 11. Principal: Gary L. Clark, president. Assets: under $50,000; Liabilities: at least $125,000

Oct. 13

Interiors & Improvements Inc., 4729 Clermont Road, Pylesville, filed Chapter 7. Principal: John E. Johnson III, president. Assets: $30,750; Liabilities: $65,637.73

Nancy Lee Rich Clothing, 2526 Cox Neck Road, Chester, filed Chapter 7. Principal: Nancy Rich. Assets: $34,247.71; Liabilities: $178,617.31

Bitter Brothers Construction, 25141 Wymont Park Road, Worton, filed Chapter 7. Principal: Hans M. Bitter, president. Assets: $7,145; Liabilities: $129,865

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: 10/19/98

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