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.
MINNEAPOLIS Joseph Michael Carpenter, formerly doing business as Carpenter Home Renovations, and Sarah Ellen Carrier Carpenter, 5145 Nicollet Av. S., Minneapolis; filed July 23, 08-43641; Chap. 7; assets, $442,745; liabilities, $507,562.
Rukun U. Ahmed, as surety for Workforce International Investment Corp., doing business as Super 8 Motel, 701 Ranchview Lane N., Plymouth; filed July 23, 08-43655; Chap. 7; assets, $274,723; liabilities, $1,634,236.
James Michael Madison and Lona Maria Madison, doing business as Madison & Sons Painting, 16617 NE. Potomac St., Columbus; filed July 24, 08-43668; Chap. 7; assets, $36,200; liabilities, $65,973.
Shawn R. Hinks, as surety for Hinks Investment Corp., doing business as 1st Option Lending, and Erica L. Hinks, Isanti, Minn.; filed July 25, 08-43698; Chap. 7; assets, $402,626; liabilities, $689,651.
Glen A. Charles, doing business as Glen's Service, 3150 E. Medicine Lake Blvd., Plymouth; filed July 24, 08-43705; Chap. 7; assets, $6,140; liabilities, $39,538.
Daniel W. Petermeier and Elizabeth M. Petermeier, doing business as D&B Investment Properties Inc., 14034 Savanna Drive, Rogers; filed July 27, 08-43710; Chap. 7; assets, $1,413,093; liabilities, $1,632,163.
Ciprico Inc., 7003 W. Lake St., St. Louis Park; filed July 28, 08-43731; Chap. 11; estimated assets, $6,905,000; estimated liabilities, $7,814,000. Steven D. Merrifield, president and CEO.