Business Bankruptcies

This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul.

September 9, 2012 at 8:51PM

MINNEAPOLIS

C E Campion & Associates Inc., 6402 Bass Lake Road, Minneapolis; filed Sept. 4, 12-45119; Chap. 7; assets, $56,000; liabilities, $65,074. Martin E. Campion, president.

ST. PAUL

Chad Robert Nelson, doing business as Stoic Drywall, 5323 Brooks Circle SE., Prior Lake; filed Sept. 4, 12-35105; Chap. 7; assets, $16,322; liabilities, $329.177.

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.

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