News & Observer | newsobserver.com | Bankruptcies

Published: May 14, 2008 12:30 AM
Modified: May 14, 2008 05:46 AM

Bankruptcies

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EASTERN DIVISION

CHAPTER 7

Ratas, P.O. Box 98, Morrisville, 27560-0098; assets, $12,409; debts, $129,729.29; major creditor, Bank of America, $89,700; attorney, Travis Sasser, Case 08-03095-8-ATS, May 7.

Custom Homes by Harry Krohn, 6928 Darcy Lane, Raleigh, 27606; assets, $1,317,750; debts, $1,781,324.54; major creditor, First Federal Bank, $737,741; attorney, William P. Janvier, Case 08-03068-8-ATS, May 6.

MGC Journeys, 8608 Bluff Pointe Court, Raleigh, 27615; assets, $3,595.46, debts, $685,005.21; major creditor, Falls River Properties, $300,000; attorney, Richard D. Sparkman, Case 08-03049-8-ATS, May 6.

CHAPTER 11

The Seed of Abraham Learning Centers, 301 S. Cross St., Angier, 27501; assets, $56,300; debts, $148,835; major creditor, Internal Revenue Service, $130,000; attorney, Danny Bradford, Case 08-03151-8-ATS, May 8.

American Health and Human Services, 213 N. Poindexter St., Elizabeth City, 27909; estimated assets, $1,000,001 to $10 million; estimated debts, $1,000,001 to $10 million; some creditors, Meridian Construction, RBC Centura and Internal Revenue Service; attorney, American Health and Human Services, Case 08-03135-8-JRL, May 8.

Turner Backhoe, 4320 Amherst St., Garner, 27529; assets, $1,357,779; debts, $1,513,174; major creditor, Wells Fargo Financial, $173,964; attorney, Danny Bradford; Case 08-03071-8-ATS, May 6.

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