BANKRUPTCY FILINGS

L.A. Times Archives

Dec. 7, 1999 12 AM PT

Listed below are businesses and individuals entered in federal bankruptcy court proceedings.

There are two types of bankruptcy cases: Voluntary bankruptcy filings occur when a business, or individual, seeks protection from its creditors, and involuntary filings happen when one or more creditors bring the debtor to court.

Chapter 7 is usually a liquidation, whereby remaining assets are sold off to pay creditors. Chapter 11 is a reorganization effort, and typically a court must approve the filer’s reorganization plan to pay off its creditors. Chapter 13 is a repayment plan for an individual’s debts.

The document number refers to the case number of the bankruptcy filing in federal court.

aka: also known as

dba: doing business as

fdba: formerly doing business as

fka: formerly known as

Listings provided by Timely Info of Los Angeles

Computer Trading International Inc.

7535 Woodman Place, Van Nuys

Chapter: 7; Assets: $1,393,135; Debts: $1,783,308; Document: SV99-22917-AG; File date: 11-8-99

West Coast Waterproofing Inc.

17462 Candia St., Granada Hills

Chapter: 7; Assets: $52,236; Debts: $437,385; Document: SV99-23289-AG; File date: 11-17-99