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Article: Bankruptcies
- Article from:
- The Washington Post
- Article date:
- November 26, 2007
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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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.
Amtec International Inc.
13080 Worth Ave., Woodbridge, Va. 22192
Type of filing: Chapter 7 liquidation
Case number: 07-13503-SSM
Date filed: Nov. 15
Attorney: Justin M. Reiner, 301-986-5570
Assets: $126,070
Liabilities: $6,473,867
Largest unsecured creditor: Mohammad Oweis, $3,002,335
Tanacabana Inc.
20975 Point ...