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

Capital Asphalt & Paving Inc.

P.O. Box 548, Stafford, Va. 22555-0548

Type of filing: Chapter 11 reorganization

Case number: 04-14314-RGM

Date filed: Oct. 15

Attorney: Corey L. Poindexter, 540-373-3312

Assets: $71,490

Liabilities: $241,660

Largest unsecured creditor: Wachovia Bank N.A., $50,000

WD Insurance Services Inc.

4501 Ford Ave., Suite 300, Alexandria, Va. 22302

Type of filing: Chapter 11 reorganization

Case number: 04-14354-SSM

Date filed: Oct. 19

Attorney: Richard G. Hall, 703-256-7159

Assets: Zero to $50,000

Liabilities: $50,001 to $100,000

Largest unsecured creditor: Gates & Hudson Associates Inc., $40,000

Maryland District

Greenbelt Court

British Master Carpentry LLC

7343 Lockport Place, Building No. 4, Lorton, Va. 22079

Type of filing: Chapter 7 liquidation

Case number: 04-33566

Date filed: Oct. 15

Attorney: Robert K. Goren, 301-984-6266

Assets: $534,786

Liabilities: $1,472,410

Largest unsecured creditor: BBT&T, $725,000

Hicks Construction LLC, doing business as Hicks Drywall LLC

7600 Linbugh Dr., Gaithersburg, Md. 20879

Type of filing: Chapter 7 liquidation

Case number: 04-33749

Date filed: Oct. 19

Attorney: Robert K. Goren, 301-984-6266

Assets: $21,710

Liabilities: $1,363,393

Largest unsecured creditor: Forrester Construction Co., $500,000

-- Compiled by Judith Mbuya