This firm recently filed with a U.S. Bankruptcy Court’s local court clerk’s office.
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.
In a Chapter 7 liquidation, a court trustee sells assets to pay creditors’ claims. The company then ceases operations.
Metro Enterprises Inc.
5702 Industry Lane, Suite B12, Frederick, Md. 21704
Type of filing: Chapter 7 liquidation
Case number: 13-14349
Date filed: March 13
Attorney: Terence Brian Garvey, 301-948-1227
Assets: zero to $50,000
Liabilities: $100,001 to $500,000
Largest unsecured creditor: KF Evergreen Limited Partnership, $25,044
— Compiled by Vanessa Small