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

Bankruptcies

June 14, 1999

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

June 4

George Hornberger, an individual d/b/a Edgewood Jewelry, Coin & Pawn, 1851 Pulaski Highway, Edgewood, filed under Chapter 13. Assets and liabilities are over $500,000 each.

Chaparral Cable Inc., 10584 Guilford Road, Columbia, filed under Chapter 7. Principal: Jose Perez, president. Assets: $349,700; Liabilities: $687,456.01

June 7

The Brass Duck Inc., a restaurant operator d/b/a Yogi's All American, 793 W. Bel Air Ave., Aberdeen, filed under Chapter 11. Principal: Yogendra Kumar, president. Assets: $33,169; Liabilities: $1,080,304.22

Fraser & Anderson Enterprises Inc., Edgewater, filed under Chapter 7. Principal: Diane Findlay Fraser, president. Assets: $10,000; Liabilities: $335,681

June 10

Yunus N. Silla, 3922 Vero Road, Baltimore, t/a Poor-man Exports of America Inc., a used clothing exporter, filed under Chapter 7. Assets: $8,000; Liabilities: at least $125,000

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.

Pub Date: 6/14/99

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