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.
Newington Auto Care Inc.
7215-B Telegraph Square Dr., Lorton, Va. 22079
Type of filing: Chapter 7 liquidation
Case number: 12-17466-BFK
Date filed: Dec. 21
Attorney: Ronald J. Aiani, 540-347-5295
Assets: zero to $50,000
Liabilities: $50,001 to $100,000
Largest unsecured creditor: Not disclosed
Washington Communities I, LLC
374 Maple Ave., Ste. 201, Vienna, Va. 22180
Type of filing: Chapter 11 reorganization
Case number: 12-00848
Date filed: Dec. 28
Attorney: Kasey L. Edwards, 301-731-3303
Assets: $1,000,001 to $10 million
Liabilities: $1,000,001 to $10 million
Largest unsecured creditor: None
— Compiled by Vanessa Small