Washington area bankruptcies for May 20

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

Bonaventure Builders LLC

7355 Clifton Rd., Clifton, Va. 20124

Type of filing: Chapter 7 liquidation

Case number: 13-12169-BFK

Date filed: May 9

Attorney: Pro se

Assets: Not disclosed

Liabilities: Not disclosed

Largest unsecured creditor: City Concrete Corp., $89,136

CS Property Inc.

301 Maple Ave. W., Suite 620, Vienna, Va. 22180

Type of filing: Chapter11 reorganization

Case number: 13-12179-RGM

Date filed: May 10

Attorney: Hyunkweon Ryu, 703-319-0001

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

Liabilities: $500,001 to $1 million

Largest unsecured creditor: Warren County, $12,876

— Compiled by Vanessa Small

Vanessa Small covers philanthropy and nonprofits for Capital Business. She also spotlights newly appointed executives in the New at the Top column, which chronicles their journeys to the top. Small was raised in Orange County, Ca. and graduated from Howard University.
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