May 17 Classic Entertainment Inc., 3441 S. River...

BANKRUPTCIES

May 29, 2000

May 17

Classic Entertainment Inc., 3441 S. River Terrace, Edgewater, a booking agent, filed under Chapter 7. Principal: Lisa M. Younger, president. Assets: $250; liabilities: $30,799.14

May 18

Soupmasters International Inc., 5 Federal Street, Easton, filed under Chapter 11. Principal: Thomas R. Mika, president. Assets: $1,647,871; liabilities: $1,816,186

May 19

Heather Henderson, 4747-I Flanders Lane, Harwood, a merchandise distributor, filed under Chapter 7. Assets: $1,144; liabilities: $24,990.69

Paul's of Woodholme Inc., 1809 Reisterstown Road, Pikesville, filed under Chapter 11. Principal: Bruce K. Perna, vice president. Assets: $791,997; liabilities: over $759.626

May 24

Signature Construction Inc., 313 Najoles Road, Millersville, filed under Chapter 7. Principal: Jack Leonard, president. Assets: 210,078.31; liabilities: $821,715.80

May 25

Paul F. Dame, 9 Jones Falls Terrace, Baltimore, an artist, filed under Chapter 7. Assets: $5,750; liabilities: $49,156.31

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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