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 Timothy C. Larson and Nicole T. Larson, as surety for First Street Bakery Inc., 151 Brent Drive, Waconia; filed Nov. 30, 07-44481; Chap. 7; assets, $313,427; liabilities, $705,659.
David William Reimer, as surety for River Inn LLC, Dave Reimer Construction Inc., Briar Bend Co., Osceola Sand & Gravel Inc., Custom Crushing & Screening Inc., Town Center Development LLC, Town Center Companies LLC, Tri-Financial LLC, Reimer Development Corp., Sandee's of Fridley LLC, TRI Holdings LLC, Belle Plaine Sand & Gravel Inc., Wayzata DS Condo LLC, Town Center Realty Inc., Florida Group Inc. and Maple Tree Properties Inc., 13750 Reimer Drive, Maple Grove; filed Dec. 2, 07-44485; Chap. 7; no schedules filed.
Bruce H. Foster, formerly doing business as Frankie's Pizza, and Carol J. Foster, 10006 Indigo Drive, Eden Prairie; filed Dec. 3, 07-44491; Chap. 7; assets, $854,220; liabilities, $998,020.
Kenneth Edward Streiff, doing business as Ken Streiff Co., and Natalie Dawn Streiff, 2509 E. 42nd St., Minneapolis; filed Dec. 4, 07-44496; Chap. 13; no schedules filed.
Dennis James Tennant, doing business as Tennant Trucking, and Darlene Diane Tennant, Clear Lake, Minn.; filed Dec. 4, 07-44500; Chap. 7; assets, $425,581; liabilities, $428,978.
Jessica L. Meyers, formerly doing business as Investco Incorp., 4921 103rd Av. N., Brooklyn Park; filed Dec. 5, 07-44513; Chap. 7; assets, $7,161; liabilities, $292,747.
Donald J. Fasciana, doing business as Donald Fasciana Enterprises Inc., and Bonne J. Fasciana, 2884 Jackson St., St. Paul; filed Dec. 5, 07-44521; assets, $264,910; liabilities, $562,978.
Mark David Pitzele, formerly doing business as Mark Pitzele PA, 590 W. Willoughby Way, Minnetonka; filed Dec. 6, 07-44525; Chap. 7; no schedules filed.
Nathan C. Dahlheimer, doing business as Dahlheimer Construction, and Trisha K. Dahlheimer, 11504 NE. Lakeview Circle, Albertville; filed Dec. 7, 07-044543; Chap. 7; assets, $365,531; liabilities, $452,848.
Bruce K. Bengry, doing business as Bengry Galleries, and Carol J. Bengry, 10012 Emerson Av. S., Bloomington; filed Dec. 7, 07-44548; Chap. 7; assets, $311,950; liabilities, $449,140.
ST. PAUL Edward Paul Foley Jr. and Margaret Frances Foley, formerly doing business as Foley's Lounge Inc. and PJ's II, Windom, Minn.; filed Nov. 30, 07-34629; Chap. 7; assets, $159,378; liabilities, $294,881.
Tron Edward Nasers, doing business as Tron-Mon Inc., Lux of Marshall and Electrolux, formerly doing business as Lux of Bloomington, and Monica Jean Nasers, Lynd, Minn., filed Dec. 3, 07-34659; Chap. 7; assets, $333,525; liabilities, $496,120.
Clinton M. Cordero, doing business as Sotaent, 873 Providence Drive, Shakopee; filed Dec. 5, 07-34681; Chap. 7; assets, $97,198; liabilities, $228,208.
Randy Gene Engelby, formerly doing business as Randy Engelby Trucking, and Peggysue Lucille Engelby, Gaylord, Minn.; filed Dec. 5, 07-34685; Chap. 7; assets, $181,237; liabilities, $270,533.
ST. PAUL (CONTINUED) Gene B. Svare, doing business as Svare Lawn Service, 312 Marshall Av., St. Paul; filed Dec. 6, 07-34689; Chap. 13; no schedules filed.
Thomas M. Smith, formerly as surety for Optimum Mortgage Service Inc., and Denise L. Smith, 12504 Empress Court, Apple Valley; filed Dec. 7, 07-34717; Chap. 7; assets, $1,168,624; liabilities, $2,961,800.
Lee Allen Spangrud and Pamela Mary Spangrud, as surety for Sonshine Realty LLC, Panther Holding LLC, Panther Development LCC, PP I LLC, PP II LLC, PP III LLC and PP IV LLC; 20605 Ironridge Path, Lakeville; filed Dec. 7, 07-34734; Chap. 7; assets, $506,381; liabilities, 957,373.
Stephen Edward Panetta, doing business as Foot and Anckle Clinic, and Kathleen Rose Panetta, Rochester; filed Dec. 10, 07-34737; Chap. 13; assets, $451,145; liabilities, $518,631.
Theodore William Schmidt and Teri Leigh Schmidt, as surety for the Yoga Path LLC, 19995 McKendry Path, Farmington; filed Dec. 11, 07-34769; Chap. 7; assets, $316,881; liabilities, $401,687.
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.
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