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

Bankruptcies

January 25, 1999

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

Jan. 20

Daniel Howard Gerhart, 205 Broadview Road, Bel Air, an individual t/a Gerhart's Swimming Pool Service, filed for adjustment of debts under Chapter 13. Assets: under $50,000; Liabilities: over $50,000

Jan. 21

Waterloo Market Inc., 6590-A Old Waterloo Road, Elkridge, a.k.a. & d/b/s Denny's Market, filed under Chapter 7. Principal: John Vukovich, president. Assets: $66,973; Liabilities: $532,592.89

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

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: 1/25/99

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