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

Bankruptcies

December 07, 1998

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

Nov. 23

Joseph G. Martin, 917 Tyler Ave., Annapolis, an installer of wood floors, filed for adjustment of debts under Chapter 13. Assets: $65,500; Liabilities: $200,728.73

CN Builder & Remodeling Co. Inc., 10301 Globe Drive, Ellicott City, filed under Chapter 7. Principal: Chung Hae Nam, president. Assets: $7,800; Liabilities: $102,711.60

Nov. 24

Sheldon C. & Tammy L. Pope, 7648 Bear Forest Drive, Hanover, operating a computer consulting practice, jointly filed under Chapter 7. Assets: $231,870; Liabilities: $284,014

Nov. 25

R. L. Crozier Inc. fire restoration and repair, 11 Windy Hill Lane, Glen Burnie, filed under Chapter 7. Principal: Richard Crozier, president. Assets: Under $50,000; Liabilities: over $100,000

Nov. 30

Cynthia Diane Suber, 707 Woodbourne Ave., Baltimore, d/b/a C&C Childcare, filed under Chapter 7. Assets: $155,682; Liabilities: $191,704.58

Dec. 2

General Real Estate & Development Inc., 9940 Oakelea Court, Ellicott City, filed under Chapter 7. Principal: Earl G. Glover Jr., president. Assets: over $50,000; Liabilities: at least $10,000,000

Furley's Transport Inc., 725 North Point Road, Baltimore, filed for protection under Chapter 11. Principal: Joanne V. Furley, president. Assets and liabilities under $50,000 each.

Crozier & Sons Inc. construction, 11 Windy Hill Lane, Glen Burnie, filed under Chapter 7. Principal: Robert Crozier, president. Assets: $8,103; Liabilities: $104,406.49

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

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: 12/07/98

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