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

Bankruptcies

May 03, 1999

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

April 26

Excel 17 Inc.,3703 Old Court Road, Pikesville, filed for protection under Chapter 11. Principal: David Elkayam, president. Assets and liabilities are over $50,000 each.

April 27

Eddco Supply Corp.,314 S. Hanover St., Baltimore, filed for Chapter 11 protection. Principal: Elmira E. Wheatley, vice president. Assets: over $100,000; Liabilities: at least $150,000.

April 29

Captain Jim's Seafood,2552 W. Pulaski Highway, North East, filed under Chapter 7.Principal: Robin Farr, partner. Assets: under $50,000; Liabilities: at least $120,000.

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.

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.