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

Bankruptcies

January 10, 2000

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

Dec. 29

Autopay Data Processing Services Inc.,1 Vale Road, Bel Air, d/b/a HomeOwners Mortgage Management Services Inc. and as Agency Mortgage Corp., filed under Chapter 7. Principal: Russell Willey, CEO. Assets: $217,002; Liabilities: $531,468.27

Shirley's Styles Inc., 8207 Fort Smallwood Road, Curtis Bay, a hair salon, filed under Chapter 7. Shirley Tatroe, president. Assets: $7,500; Liabilities: $18,750

Jan. 3

Edward Glenn Shannon,7585 Beach Drive, Pasadena, an independent truck owner/operator, filed under Chapter 13. Assets: $171,850; Liabilities: $212,141

M and M Foods Inc., 3210 Dry Branch Road, Whitehall, d/b/a Manorwood Market, filed under Chapter 7. Principal: Frederick John Neukam. Assets and liabilities are over $50,000 each.

Abbreviations a.k.a.: also known as; c/o: care of; d/b/a: doing business as; t/a: trad ing 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

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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