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

Bankruptcies

January 31, 2000

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

Jan. 21

Patriot Contractors Inc., 1197 Carrs Road, Annapolis, a home improvement contractor, filed under Chapter 7. Principal: Steven Gore, president. Assets: none; Liabilities: $122,380

Jan. 27

Chesapeake Services, 12244 Tullamore Road, Timonium, filed for protection under Chapter 11. Principal: William T. Sunderland. Assets: $92,000; Liabilities: $825,000

Timothy Michael Malony, 1020 Harwall Road, Baltimore, d/b/a Harwall Builders, filed under Chapter 7. Assets: $87,414; Liabilities: $190,344

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; 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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