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

Bankruptcies

May 24, 1999

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

May 14

Louis James Czyzia Jr., 29 Meadow Road, Pasadena, d/b/a Amberbrooke Contracting, filed under Chapter 13. Assets: $231,590; Liabilities: $206,464

Cambridge Imaging Technologies, 6797 Dorsey Road, Elkridge, a.k.a. Genesis Information Systems; CPM and CIT, filed under Chapter 11. Principal: Salvatore J. Vella Sr., president. Assets: $294,419; Liabilities: $664,887.22

May 19

George Albert Dangerfield Jr., 5851 Benton Heights Ave., Baltimore, real estate management, sales and rental, filed under Chapter 7. Assets and liabilities, under $50,000 each.

May 20

GMS & Son Inc., 2001 Old Orems Road, Middle River, restaurant operators, filed under Chapter 7. Principal: Gerard M. Binko, president. Assets: $500; Liabilities: $65,000

Charles C. Thon Jr., 1741 Deerwood Court, Edgewood, d/b/a C&S Deliveries, filed under Chapter 7. Assets: $16,910; Liabilities, $36,468.50

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.

Pub Date: 5/24/99

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