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

Bankruptcies

October 18, 1999

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

Oct. 7

Bonnie Fields Langford,5164 Sharps Point Road, Salisbury, operator of a bridal shop, filed under Chapter 7. Assets: $2,798.02; Liabilities: $136,234.60

Ocean Services Inc.,RD #1, Selbyville, Del., filed under Chapter 7. Principal: David J. Dekowsky, president. Assets: $5,321; Liabilities: $76,969

Oct. 8

Angela Joyce Seabron,113 Shetland Circle, Reisterstown, an individual operating a cleaning service, filed for adjustment of debts under Chapter 13. Assets: $92,361; Liabilities: $103,765

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.

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