These firms recently filed with the U.S. Bankruptcy Court’s local court clerk’s offices.
Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court.
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In a Chapter 7 liquidation, a court trustee sells assets to pay creditors’ claims. The company then ceases operations.
Eastern Virginia District
Alexandria Division
Star Technologies Corporation
10303 Galpin Court, Great Falls, Va. 22066
Type of filing: Chapter 7 liquidation
Case number: 12-17293-RGM
Date filed: Dec. 12
Attorney: Pro se
Assets: $50,001 to $100,000
Liabilities: $50,001 to $100,000
Largest unsecured creditor: Defense Contract Management Agency, 344,552
Paxfire Inc.
43490 Yukon Dr., Ste. 102, Ashburn, Va. 20147
Type of filing: Chapter 11 reorganization
Case number: 12-17341-RGM
Date filed: Dec. 14
Attorney: Kevin M. O’Donnell, 703- 548-2100
Assets: $1,000,001 to $10 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: Charter Communications, $498,340
— Compiled by Vanessa Small
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