- November 25, 2012 - 10:55 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.
David C. Lerum, doing business as Lerum Trucking 2 and Fresh Impressions Salon, formerly doing business as Lerum Trucking Inc. and Pine Hill Springs Trout Trails, and Brenda L. Lerum, Kellogg, Minn.; filed Nov. 21, 12-36570; Chap. 7; assets, $146,567; liabilities, $262,802.
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