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

Bankruptcies

February 28, 2000

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

Feb. 16

Mark Lee and Cynthia May Huggins,103 Pinemere Road, Owings Mills, d/b/a Chris Aire Owings Mills Heating & Air Conditioning, jointly filed under Chapter 7. Principal: Mark L. Huggins, president. Assets: $114,372; liabilities: $218,218.10

Feb. 17

Irvington Knolls Care Center Inc.,22 S. Athol Ave., Baltimore, filed for protection under Chapter 11. Principal: Sonya Goodman, president. Assets: $5,000,000; liabilities: $17,100,000

Pamela Evette Farmer,3217 Kingsley St., Baltimore, t/a Good Penny, wholesale and retail merchandise sales, filed for adjustment of debts under Chapter 13. Assets: $116,850; liabilities: $136,100

Feb. 18

Harry John and Debra Ann Cheresnowsky,ky, 9297 Broken Timber Way, Columbia, self-employed individuals, filed for an adjustment of debts under Chapter 13. Assets and liabilities over $100,000 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

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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