The week in bankruptcies: One entity in Greater Washington

The Washington Business Journal offers a weekly roundup of bankruptcy filings in the region based on public records collected by parent company American City Business Journals.

During the week that ended Oct. 15, Washington-area bankruptcy courts recorded one business filing. Year to date through Oct. 15, the court recorded 92 Chapter 7 or Chapter 11 business bankruptcy filings, a 2% decrease from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern.

Baltimore Harlem Park Investments LLC filed for voluntary Chapter 11 bankruptcy protection October 7, 2021, in the District of Columbia.

The debtor listed an address of 7925 Jones Branch Drive, #4350, McLean, and is represented in court by attorney Maurice Belmont VerStandig. Baltimore Harlem Park Investments LLC…

Read the full story from the Washington Business Journal.
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