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

Bankruptcies

November 30, 1998

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

Nov. 20

Evenlite Inc., 220 VFW Ave., Grasonville, manufacturer and distributor, filed for protection under Chapter 11. Principal: William Hegarty, president. Assets: $546,362.97; liabilities: $1,405,238.75

Patrick Shawn and Darlene Marie Callahan, 3106 Southern Ave., Baltimore, d/b/a Pats Grill & Subs and Fiesta Pats, jointly filed under Chapter 7. Assets: $82,368.77; liabilities: $185,756.44

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

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: 11/30/98

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