D.C. area bankruptcy filings for Dec. 10

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.

More business news

Firefox Web browser to move ahead plan to block tracking

Firefox Web browser to move ahead plan to block tracking

The decision comes despite intense resistance from online advertisers.

Bernanke says stronger economy means Fed could slow bond buying this year, end it next year

Bernanke says stronger economy means Fed could slow bond buying this year, end it next year

WASHINGTON — In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program this year and end it next year because the economy is strengthening.

Bernanke: Fed could pull back on bond-buying this year

Bernanke: Fed could pull back on bond-buying this year

Policy committee sees stronger housing market, slow growth through 2014.

In a Chapter 7 liquidation, a court trustee sells assets to pay creditors’ claims. The company then ceases operations.

Eastern Virginia District

Alexandria Division

Mitchel’s Chimney & Masonry Specialists, Inc.

13325 Millwood Dr., Woodbridge, Va. 22191

Type of filing: Chapter 7 liquidation

Case number: 12-17064-RGM

Date filed: Nov. 30

Attorney: Robert M. Gants, 703-684-2000

Assets: zero to $50,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: National Chimney Supply, $21,658

Maryland District

Greenbelt

Shivam LLC

10870 Crain Hwy., Faulkner, Md. 20632

Type of filing: Chapter 11 reorganization

Case number: 12-31323

Date filed: Nov. 29

Attorney: Richard M. McGill, 301-627-5222

Assets: zero to $50,000

Liabilities: $1,000,001 to $10 million

Largest unsecured creditor: PNC Bank, $746,794

Riddhi Siddhi LLC

10870 Crain Hwy., Faulkner, Md. 20632

Type of filing: Chapter 11 reorganization

Case number: 12-31325

Date filed: Nov. 29

Attorney: Richard M. McGill,

Assets: $1,000,001 to $10 million

Liabilities: $1,000,001 to $10 million

Largest unsecured creditor: Frank Monopoli, $2.4 million

RK Automotive LLC

1395 W. Patrick St., Frederick, Md. 21702

Type of filing: Chapter 7 liquidation

Case number: 12-31515

Date filed: Dec. 1

Attorney: Lawrence Heffner

Assets: $100,001 to $500,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: Not disclosed

— Compiled by Vanessa Small

Loading...

Comments

Add your comment
 
Read what others are saying About Badges