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

Bankruptcies

November 09, 1998

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

Nov. 2

Bay Breeze Heating & Cooling Inc.,1107 Butterworth Court, Stevensville, filed under Chapter 7. Principal: John O. Dove Jr., president. Assets: $30,649.21; Liabilities: $69,785.72

Talrecom Technology,2300 N. Charles St., Baltimore, computer training, filed for protection under Chapter 11. Principal: Alexis Coates, CEO/president. Assets: $5,000; Liabilities: $13,200

Transcolor Corp.,849 International Drive, Linthicum, a.k.a. Transcolor Inc. has been involuntarily petitioned into Chapter 7 by Ronald S. Weidenbach Defined Benefit Plan and other creditors. Principal: n/a. Assets: n/a; Liabilities: at least $156,529

Trinity Retirement Community,7600 Clays Lane, Woodlawn, has been involuntarily petitioned into Chapter 7 by Trinity Geriatric Center, SRBR Inc. and other creditors. Principal: n/a. Assets: n/a; Liabilities: at least $269,376.63

Nov. 4

Michael William Denikos,7325 New Cut Road, Kingsville, an individual operating a hair salon, filed for adjustment of debts under Chapter 13. Assets: $303,628; Liabilities: $303,462

The H.L.K. Corp.,consultants, 12516 Jarrettsville Pike, Phoenix, filed under Chapter 7. Principal: Faye M. Swimmer, president/secretary. Assets: $7,000; Liabilities: $31,500

RCM Corp.,205 E. Ridgeville Blvd., Mount Airy, filed under Chapter 7. Principals: Alan Trellis, president; William Watkins, secretary/treasurer. Assets: None; Liabilities: $549,909.09

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: 11/09/98

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