D.C. area bankruptcy filings for Jan. 28

January 27, 2013

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.

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

Eastern Virginia District
Alexandria Division

VJS

10332 Main St., #327, Fairfax, Va. 22030

Type of filing: Chapter 7 liquidation

Case number: 13-10307-RGM

Date filed: Jan. 21

Attorney: Ronald W. Stern, 703-684-5664

Assets: zero to $50,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: Diaspark, $86,088

Maryland District
Greenbelt

George R. Cranford Inc.

5518 Tuxedo Rd., Cheverly, Md. 20781

Type of filing: Chapter 11 reorganization

Case number: 13-10851

Date filed: Jan. 18

Attorney: Robert C. Davis, Jr., 410-571-2793

Assets: $500,001 to $1 million

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

Largest unsecured creditor: Washington Winnelson, $148,101

— Compiled by Vanessa Small

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