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

Art Beats Inc.

4238 Wilson Blvd., Arlington, Va. 22203

Type of filing: Chapter 7 liquidation

Case number: 04-13670-SSM

Date filed: Aug. 31

Attorney: Leon S. Demsky, 703-524-0560

Assets: $30,000

Liabilities: $41,391

Largest unsecured creditor: IOS Capital LLC, $34,430

Maryland District

Greenbelt Court

Sipp'ss LLC

10707 Indian Head Hwy., Fort Washington, Md. 20744

Type of filing: Chapter 11 reorganization

Case number: 04-30156

Date filed: Aug. 30

Attorney: Pro se

Assets: $350,000

Liabilities: $455,000

Largest unsecured creditor: Eagle Bank, $370,000

Cafe Asia Inc.

11401 Woodglen Dr., Rockville, Md. 20852

Type of filing: Chapter 11 reorganization

Case number: 04-30193

Date filed: Sept. 1

Attorney: C. Paul Smith, 301-762-0033

Assets: $100,001 to $500,000

Liabilities: $50,001 to $100,000

Largest unsecured creditor: Not disclosed

-- Compiled by Judith Mbuya