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Monday, June 29, 2009

These firms recently filed with the U.S. Bankruptcy Court's local clerk of court 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

TSN Travel Agency Inc.

6791 Wilson Blvd., Falls Church, Va. 22044

Type of filing: Chapter 7 liquidation

Case number: 09-14879-RGM

Date filed: June 18

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