Business bankruptcies

  • Updated: June 10, 2012 - 10:12 AM

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.

MINNEAPOLIS

Shane Lynn Walgamuth, as surety for Shane Homes Inc., and Holly Susan Walgamuth, 2520 Abbey Hill Dr., Minnetonka; filed June 4, 12-43347; Chap. 7; assets, $845,204; liabilities, $1,272,642.

Shane Homes Inc., 2520 Abbey Hill Dr., Minnetonka,; filed June 4, 12-43349; Chap. 7; assets, $70,750; liabilities, $1,318,005. Shane Lynn Walgamuth, president.

ST. PAUL

Catherine T. Snyder, as surety for A Cat and the Fiddle A Fair, 10873 Akron Av., Inver Grove Heights; filed June 2, 12-33371; Chap. 7; assets, $493,894; liabilities, $672,354.

Dan Tacheny Roofing and Siding Inc., 49 S. Owasso Blvd., Little Canada; filed June 5, 12-33420; Chap. 7; assets, $7,400; liabilities, $484,005. Daniel Tacheny, president.

Steven D. Tupy, as surety for Steve Tupy Tire Service Inc. and New Prague Tire Service Inc., and Linda M. Tupy, New Prague, Minn.; filed June 6, 12-33424; Chap. 7; assets, $986,201; liabilities, $2,529,608.

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