The Washington Post

D.C. area bankruptcy filings for March 25

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.

Maryland District

Montgomery Business Services LLC

5576A Norbeck Rd., Rockville, Md. 20853

Type of filing: Chapter 7 liquidation

Case number: 13-14587

Date filed: March 15

Attorney: Eugene I. Kane Jr., 301-963-6554

Assets: zero to $50,000

Liabilities: $50,001 to $100,000

Largest unsecured creditor: PNC Merchant Services, $50,954

District of Columbia

Common Sense Media LLC

5185 Macarthur Blvd. #642, Washington, D.C. 20016

Type of filing: Chapter 7 liquidation

Case number: 13-00163

Date filed: March 18

Attorney: Warren E. Gorman, 301-654-5757

Assets: Not disclosed

Liabilities: Not disclosed

Largest unsecured creditor: Not disclosed

George Bacchus Salon Inc.

4301 Military Rd. NW #505, Washington, D.C. 20015

Type of filing: Chapter 7 liquidation

Case number: 13-00163

Date filed: March 18

Attorney: Michael G. Wolff, 301-984-6266

Assets: zero to $50,000

Liabilities: $500,001 to $1 million

Largest unsecured creditor: Potomac Place Limited Partnership, $275, 000

— Compiled by Vanessa Small

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