This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number following the filing date is the case number. A Chapter 7 petition is for liquidation of the businesses; Chapter 11 (or Chapter 12 for farmers or Chapter 13 for small businesses) gives protection from creditors while the business is reorganized. The individuals or organizations listed in bold are the ones filing for bankruptcy.
Business Bankruptcies
MINNEAPOLIS Ironco Inc., Becker, Minn.; filed Jan. 25, 08-40322; Chap. 7; assets, $0; liabilities, $112,340. Harlan Jacobson, president.
Scott Allen Bailey and Karen Lynn Bailey, formerly doing business as Group 11, Bailey Lincoln Blvd., Bailey 15 Street, Bailey Properties and My Three Sisters, 3949 13th Av. S., Minneapolis; filed Jan. 28, 08-40338; assets, $303,339; liabilities, $587,034.
Daniel Robert Guisinger, as surety for IP Volution and Ataractic Corp., doing business as Atacomm, 6566 Forestview Lane N., Maple Grove; filed Jan. 29, 08-40356; assets, $27,595; liabilities, $794,296.
James L. Semon, doing business as Jim Semon Drywall, and Jaculine A. Semon, 12253 NW. Drake St., Coon Rapids; filed Jan. 29, 08-40362; Chap. 7; assets, $26,111; liabilities, $54,031.
Thomas D. Wall, as surety for S&W Enterprises Corp., Hutchinson, Minn.; filed Jan. 29, 08-40363; Chap. 7; assets, $115,300; liabilities, $120,133.
Michael Eugene Ertel and Sandra May Ertel, St. Cloud, Minn., as surety for Ertel Enterprises, formerly doing business as Indian Mounds Resort and Campground; filed Jan. 29, 08-40373; Chap. 7; assets, $622,167; liabilities, $643,309.
James Patrick Charlebois, as surety for J.P. Building and Remodeling Inc., and Audra Lynette Charlebois, 7741 Daleview Dr., Brooklyn Park; filed Jan. 30, 08-40391; Chap. 7; assets, $225,500; liabilities, $438,898.
ST. PAUL Scott Garth Simmons, as surety for Pancakes Etc. and Pancakes #5454 Inc., Owatonna, Minn.; filed Jan. 28, 08-30320; Chap. 7; assets, $179,814; liabilities, $893,027.
Bruce David Rodewald, as surety for Dave's Floor & Tile Store Inc., and Dorothy Ann Rodewald, 2402 Gisella Blvd., White Bear Lake; filed Jan. 28, 08-30324; Chap. 7; assets, $513,527; liabilities, $334,316.
Site Works Design Inc., 13733 Neuman Circle, Lindstrom, Minn.; filed Jan. 28, 08-30333; Chap. 7; assets, $0; liabilities, $24,170. Kevin Kahmann, president.
ST. PAUL (CONTINUED) Anthony L. Meyer and Anne Q. Bashaw-Meyer, formerly doing business as and as surety for Subdudes Inc., J and J II LLC and Southeastern Subs Inc., Stewartville, Minn.; filed Jan. 29, 08-3-347; Chap. 7; assets, $187,010; liabilities, $721,592.
Erik Walter Nystrom, as surety for Patriot Construction and Remodeling Services, and April Dawn Nystrom, Stanchfield, Minn.; Jan. 29, 08-30374; Chap. 7; assets, $592,216; liabilities, $674,002.
Lance E. Winkelman, as surety for Winkelman Enterprises Inc., and Karen R. Winkelman, Little Falls, Minn.; filed Jan. 30, 08-30383; Chap. 7; assets, $591,095; liabilities, $823,099.
Golam Akhter, as surety for Rivendale Corp., 8274 Jewel Av. S., Cottage Grove; filed Jan. 30, 08-30390; Chap. 7; assets, $278,464; liabilities, $444,597.
BJR Holdings Inc., also known as RJ Barthel Holdings Inc., Ronald D. Barthel and Anna H. Barthel, doing business as Pine Cone Restaurant, Big Steer South, Truckers Inn Travel Plaza, Big Steer Travel Center, Greater Midwestern Hospitality Group Inc., Windmill Vehicle and RV Travel Center and Big Steer Travel Plaza, Dexter, Minn., filed Jan. 30, 08-30394; Chap. 11; assets, $0; liabilities, $2,071,634.
Julia Lynn Griffin and Thomas Bernard Griffin Jr., as surety for Lachman Holdings Inc., Julynn Property Inc. and Benaiah Management Services Inc., 3832 Edgerton St., Vadnais Heights; filed Jan. 30, 08-30397; Chap. 7; assets, $1,844,520; liabilities, $2,072,098.
Linda Mae Gohman, doing business as Millynn's Maintenance, North Branch, Minn.; filed Jan. 30, 08-30399; Chap. 7; assets, $16,617; liabilities, $144,505.
This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number following the filing date is the case number. A Chapter 7 petition is for liquidation of the businesses; Chapter 11 (or Chapter 12 for farmers or Chapter 13 for small businesses) gives protection from creditors while the business is reorganized. The individuals or organizations listed in bold are the ones filing for bankruptcy.
about the writer
Minneapolis-based Onward Investors partnered with two other firms to purchase the city’s third-tallest building. The sales price was not immediately available.