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 Jan. 21, Washington-area bankruptcy courts recorded four business filings. Year to date through Jan. 21, the court recorded seven Chapter 7 or Chapter 11 business bankruptcy filings, a 40% increase 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.
Fort Davis Dental Associates PLLC filed for voluntary Chapter 7 bankruptcy protection January 13, 2022, in the District of Columbia. The debtor listed an address of 3863 Alabama Ave. SE, Washington, and is represented in court by attorney Harris S. Ammerman. Fort Davis Dental Associates PLLC listed assets up to…
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