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
DHK International
7702 Leesburg Pike T-400, Falls Church
Type of filing: Chapter 7 liquidation
Case number: 13-10211-BFK
Date filed: Jan. 15
Attorney: Donald Park, 571-405-6540
Assets: zero to $50,000
Liabilities: zero to $50,000
Largest unsecured creditor: Lotte Plaza, $5,000
Ballinger Investments LLC
21760 Beaumeade Circle, #115, Ashburn, 20147
Type of filing: Chapter 11 reorganization
Case number: 13-10214-RGM
Date filed: Jan. 15
Attorney: Ann E. Schmitt, 703-737-6377
Assets: $500,001 to $1 million
Liabilities: $100,001 to $500,000
Largest unsecured creditor: None
Maryland District
Greenbelt
Best Martial Arts Styles Inc.
7100 Baltimore Blvd., College Park, 20740
Type of filing: Chapter 7 liquidation
Case number: 13-10561
Date filed: Jan. 11
Attorney: Michael S. Woll, 301-652-6962
Assets: zero to $50,000
Liabilities: zero to $50,000
Largest unsecured creditor: Charlie E. Castle, $26,558
National Quality and Review Corporation
P.O. Box 10616, Silver Spring, 20914
Type of filing: Chapter 11 reorganization
Case number: 13-10659
Date filed: Jan. 14
Attorney: Charles C. Iweanoge, 202-347-7026
Assets: zero to $50,000
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: Internal Revenue Service, $1.9 million
— Compiled by Vanessa Small
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