March 19Michael T. & Beatrice Williams Sr.,1631 Northwick...

March 19

Michael T. & Beatrice Williams Sr.,1631 Northwick Road, Baltimore, operating a cleaning service, jointly filed under Chapter 7. Assets: $74,125; Liabilities: $102,881

March 22

Ashurst Technology Center,1459 S. Rolling Road, Baltimore, engaged in product research and development, filed for protection under Chapter 11. Principal: Stephen G. Meldrum, president. Assets: under $50,000; Liabilities: over $200,000

Braylors Inc., 8600 Foundry St., Savage, a.k.a Braylors at Savage Mill Inc., and t/a Braylors at Savage Mill, filed under Chapter 7. Principal: Frank W. Taylor, president. Assets and liabilities are under $50,000 each.

Eastern Residential Mortgage Inc., 5575 Sterrett Place, Columbia, a.k.a. Eastern Financial Services, filed for Chapter 11 protection. Principal: Indru Jashnani, president. Assets and liabilities are under $50,000 each.

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

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.

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

Pub Date: 3/29/99