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

Bankruptcies

November 23, 1998

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

Nov. 17

So-Lo Foods Inc., 4701 O'Donnell St., Baltimore, has filed for protection under Chapter 11. Principal: Louis Denrich, president. Assets and liabilities, over $10,000,000 each.

Valu Food Inc., 4701 O'Donnell Street, Baltimore, filed for Chapter 11 protection. Principal: Louis Denrich, president. Assets and liabilities, over $100,000 each.

Martin A. & Ruth E. Goetz, 3904 Slade Avenue, Pikesville, operating an accounting practice, jointly filed for Chapter 7. Assets: $148,250; Liabilities: $205,097

Ronald C. Williams, 8126 Wooded Glen Court, Ellicott City, an individual operating a real estate brokerage, has filed for adjustment of debts under Chapter 13. Assets: $129,820; Liabilities: $36,872.96

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; H/C: Holding Company; LLC: Limited Liability Company; L/P: Limited Partnership; J/V: Joint Venture; P/A: Professional Association; P/C: Professional Corporation

Pub Date: 11/23/98

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.

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