July 7 The Garrett Co. Inc., 4104 Frederick Road...

BANKRUPTCIES

July 17, 2000

July 7

The Garrett Co. Inc., 4104 Frederick Road, Baltimore, a restaurant and tavern operator, filed for protection under Chapter 11. Principal: Clinton Garrett, president. Assets: $50,000; liabilities: $50,000

July 10

Jeffery D. L. & Tirina N. Simons, 627 S. Paca St., Baltimore, individuals engaged in real estate investment and management, jointly filed under Chapter 13 for adjustment of debt. Assets and liabilities are under $50,000 each.

Fisherman's Wharf Inc., 826 Dulaney Valley Road, Towson, has been involuntarily petitioned into Chapter 7 filing by E. Goodman & Sons Inc. and other creditors. Principal: not listed. Assets: n/a; liabilities: at least $75,500

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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