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

Bankruptcies

April 12, 1999

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

March 31

Benjamin D. & Jody L. Mason Jr.,7465 Rachel Lane, Parsonsburg, engaged in construction and in-home sales and parties, as Mason & Son Construction and as Tasteful Treasures, jointly filed under Chapter 7. Assets: $31,950; Liabilities: $68,072.73

April 5

Law Offices of John A. Adams P.A.,3680 Leonardtown Road, Waldorf, filed under Chapter 7. Principal: John A. Adams, shareholder. Assets: $190,000; Liabilities: $20,000

Law Offices of John A. Adams LLC,3680 Leonardtown Road, Waldorf, filed under Chapter 7. Principal: John A. Adams, sole shareholder. Assets: $150,000; Liabilities: $150,000

April 6

Joann Anderson,5521 Daybreak Terrace, Baltimore, a.k.a Joann M. Anderson-West, a nursing care provider, filed for adjustment of debts under Chapter 13. Assets: $133,851; Liabilities: $197,010

April 7

World Wide Waterproofing Inc.,8258 Veterans Highway, Millersville, filed under Chapter 7. Principal: Kevin T. Mullen, CEO. Assets: under $50,000; Liabilities: over $150,000

April 8

Carl E. and Colleen D. Porter,1010 Cindy Lane, Westminster, painting and in-home cosmetic sales, have jointly filed for Chapter 7. Assets: $169,271; Liabilities: $186,456

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

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: 4/12/99

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