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Business Bankruptcies

  • November 18, 2012 - 10:29 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

MCTS Autobody Image Inc., doing business as Maaco St. Louis Park, 7004 Oxford St., St. Louis Park, filed Nov. 9, 12-46410; Chap. 7; assets, $125,368; liabilities, $850,144. Mark McKee, officer.

CID Services, also known as Consider It Done Window Washing, 2922 Aldrich Av. S., Minneapolis; filed Nov. 12, 12-46446; Chap. 7; assets, $0; liabilities, $165,000. Chris Bemis, president.

Mark Lewis Zimmer and Kimberly Kay Zimmer, as surety for Electrical Visions Inc. and Capitol Corporate Services Inc., 13145 Basswood Lane, Rogers; filed Nov. 15, 12-46515; Chap. 7; assets, $839,160; liabilities, $2,611,612.

ST. PAUL

Loyal Home Improvement, 1661 Juno Av., St. Paul; filed Nov. 13, 12-36391; Chap. 7; assets, $0; liabilities, $226,248. Gustav C. Hanson, president.

Kent H. Stearns, doing business as Joseph Evan LLC, formerly doing business as K. Stearns Painting & Decorating Inc. and Kent Stearns Decorating Inc., 1311 Selby Av., St. Paul; filed Nov. 14, 12-36403; Chap. 7; assets, $32,621; liabilities, $413,907.

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