This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the case number. A Chapter 7 petition is for liquidation of the business; Chapter 11 (or Chapter 12 for farmers or Chapter 13 for small businesses) gives protection from creditors while the business is reorganized.
Richard James Elsen, as surety for Richard J. Elsen Construction Inc. and Can-Am Investments, and Lynn Marie Elsen, 11317 Toledo Av. N., Champlin; filed March 13, 13-41182; Chap. 7; assets, $472,802; liabilities, $1,756,169.
Christine Marie Mruz, as surety for Central Beauty School of Cambridge Inc., 2037 130th Court NE., Blaine; filed March 13, 13-41197; Chap. 7; assets, $47,547; liabilities, $89,954.
Timothy E. Smolik, as surety for Smolik Enterprises Inc. and Ridgeline Exteriors Inc., 5361 Baywood Shores Dr., Mound; filed March 15, 13-41251; Chap. 7; no schedules filed.
Jennifer Anne Auctioneering Inc., formerly doing business as Shakopee Auctions, the Auction Center and Darrah’s Auction Center, 13001 Upton Av., Burnsville; filed March 11, 13-31092; Chap. 7; assets, $0; liabilities, $216,679. Jennifer Sexton, president.