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Washington area bankruptcy filings for the week of July 1

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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

Sagefield LLC

9060 Harts Mill Rd., Warrenton, Va. 20186

Type of filing: Chapter 7 liquidation

Case number: 12-13807-RGM

Date filed: June 18

Attorney: Graham T. Jennings Jr., 804-598-7912

Assets: $500,001 to $1 million

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

Largest unsecured creditor: Not disclosed

International Intranco Inc.

4041 University Dr., Ste. 403, Fairfax, Va. 22102

Type of filing: Chapter 7 liquidation

Case number: 12-13880-RGM

Date filed: June 20

Attorney: Sarah L. Kuhns, 301-933-2595

Assets: Zero to $50,000

Liabilities: $500,001 to $1 million

Largest unsecured creditor: HREW, $122,514

DZAR Investments Inc.

Alexandria, Va.

Type of filing: Chapter 7 liquidation

Case number: 12-13906-RGM

Date filed: June 21

Attorney: Joelle E. Gotwals, 703-288-3215

Assets: Zero to $50,000

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

Largest unsecured creditor: American Merchant Advance and American Merchant Fund, $300,000 each

Yee Hwa Inc.

4021 Campbell Ave., Arlington, Va. 22206

Type of filing: Chapter 11 reorganization

Case number: 12-13906-RGM

Date filed: June 21

Attorney: Donald Park, 571-405-6540

Assets: Zero to $50,000

Liabilities: $100,001 to $500,000

Largest unsecured creditor: Shinhan Bank, $328,808

Entourage Inc.

1034 Bonham Ave., Wilmington, N.C. 28403

Type of filing: Chapter 7 liquidation

Case number: 12-13997

Date filed: June 26

Attorney: Joelle E. Gotwals, 703-288-3215

Assets: Zero to $50,000

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

Largest unsecured creditor: American Merchant Advance and American Merchant Fund, $300,000 each

Maryland District

Greenbelt

Futranet Inc.

1401 Mercantile Lane, Upper Marlboro, Md. 20774

Type of filing: Chapter 11 reorganization

Case number: 12-21359

Date filed: June 18

Attorney: Pro se

Assets: Zero to $50,000

Liabilities: Zero to $50,000

Largest unsecured creditor: Not disclosed

KBK Inc.

2110 Park Chesapeake Dr., Lusby, Md. 20657

Type of filing: Chapter 11 reorganization

Case number: 12-21780

Date filed: June 24

Attorney: Augustus T. Curtis, 301-881-8300

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

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

Largest unsecured creditor: Not disclosed

Sheridan Rehabilitative & Wellness Center

7911 Rocton Ave., Chevy Chase, Md. 20815

Case number: 12-21879

Date filed: June 25

Attorney: Theodore Nkwenti, 301-681-0361

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

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

Largest unsecured creditor: Not disclosed

— Compiled by Vanessa Small

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