Washington area bankruptcy filings for the week of Dec. 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
Farmville Group LLC
8018 Railroad St., Dunn Loring, Va. 22027
Type of filing: Chapter 11 reorganization
Case number: 10-20336-RGM
Date filed: Dec. 10
Attorney: Pro se
Assets: $1,000,001 to $10 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: Not disclosed