Recent filings in the United States Bankruptcy Court for...

Bankruptcies

September 13, 1999

Recent filings in the United States Bankruptcy Court for the District of Maryland, Baltimore City:

Sept. 9

Deborah Lou Fenning, 1109 Harbor Way, Churchton, a consultant, filed under Chapter 13. Assets: $60,190; Liabilities: $62,363.76

Mabco Inc., 233 S. Main St., Mount Airy, filed under Chapter 7. Principal: A. Reid Allison, president. Assets: more than $100,000; Liabilities: more than $550,000

Definitions

These are the most common types of filings under the United States 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: 9/13/99

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