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Bankruptcies.


Room With A View Inc.

(Bus type N/A)

130 W. Channel Road #707

Santa Monica 90402

Chapter: 7

Assets: $97,000

Debts: $3,726,150

Doc# SVO7-14507-GM

File-Date: 11/16/07

David Shemano

310-552-31 O0

James Blair Netz

AW: JBN Construction Services Inc.

DBA: G.J. Gardner Homes

FDBA: Commsite Specialty

(Construction)

5210 Fresno Ave.

Atascadero 93422

Chapter: 7

Assets: $1,245,025

Debts: $2,042,482

Doc# ND07-11675-RR

File-Date: 11/05/07

Paul Ready

805-541-1626

Jong Oh Chung

FDRA: Gorhee Restaurant

Choong-Hyo Mission Taekwondo

DBA: JC Health Center

3750 W. Sixth St. #105

L.A. 90020

Chapter: 7

Assets: $21,080

Debts: $640,501

Doc# LAOT-20536-VZ

File-Date: 11/14/07

Young Chang

213-480-1050

Bus type N/A.

Olympia Inc.

FDBA: Olympia Financial

(Loan brokers)

6800 Owensmouth Ave.

Canoga Park 91303

Chapter: 7

Assets: $3,831

Debts: $537,822

Doc# SVO7-14488-MT

File-Date: 11/16/07

David Hagen

818-992-1940

Reakosys Wireless Inc.

(Wireless services)

3550 W. Sixth St., Sixth Floor

L.A. 90020

Chapter: 7

Assets: $3,578

Debts: $313,392

Doc# LAO7-20618-RN

File-Date: 11/15/07

Bert Kawahara

213-250-1989

E.N.G. Engineering and Construction Inc.

(Engineering services)

P.O. Box 1434

Culver City 90232

Chapter: 7

Assets: $7,095

Debts: $301,409

Doc# LAO7-20727-BB

File-Date: 11/19/07

Rosendo Gonzalez

213-452-0070

Speed Fantasy Inc.

DBA: Speeding Track

Topline Motorshop

(Retail-auto parts)

9838 Joe Vargas Way, Ste. F

South El Monte 91733

Chapter: 7

Assets: $58,055

Debts: $186,176

Doc# LAO7-20595-RN

File-Date: 11/15/07

Robert Lee

213-384-6900

Chu Yol Kim

DBA: Magic Power

(Carpet shampoo service)

17518 Kingsbury St.

Granada Hills 91344

Chapter: 7

Assets: $11,230

Debts: $76,403

Doc# SVO7-14569-GM

File-Date: 11/20/07

Young Chang

213-480-1050

Parballe Inc.

(Bus type N/A)

673 Flower Ave.

Venice 90291

Chapter: 7

Assets: N/A

Debts: N/A

Doc# LA07-20672-BR

File-Date: 11/16/07

Lawrence Simons

213-626-2311

Francisco De Jesus Carbon

AKA: Francisco J. Carbon M.D.

(Health care)

1137 North Central Ave. #113

Glendale 91202

Chapter: 7

Assets: N/A

Debts: N/A

Doc# LAO7-20748-SB

File-Date: 11/20/07

James King

818-242-1100

Investment Partners Inc.

(Bus type N/A)

10742 Arminta St.

Sun Valley 91352

Chapter: 7

Assets: N/A

Debts: N/A

Doc# SVO7-14595-KT

File-Date: 11/26/07

Leonard Penn

213-996-8336

John Harper

AKA: Harper's Restaurant Inc.

(Restaurant)

(Involuntary Chapter 7 filing)

10250 Santa Monica Blvd. #192

L.A. 90064

Chapter: 7 (Invol.)

Assets: N/A

Debts: N/A

Doc# LAO7-20480-BB

File-Date: 11/13/07

Pro-per.

Bankruptcy information is supplied by Timely Info of Los Angeles, Jack Vaughn (323) 664-4423.

Chapter 7: a "straight" liquidation bankruptcy involving an appointed trustee to set all assets by auction or other means to pay creditors and trustee fees.

Chapter 11: a process which allows a business to gain temporary relief from paying debt in order to attempt a successful reorganization. The debtor remains in control of the business during the bankruptcy and the business continues to function.

Chapter 13: a bankruptcy plan available to individuals whose "income is sufficiently stable and regular to enable such individual to make payments under a plan." The debtor makes payments to a trustee who disburses the funds to creditors.

Involuntary bankruptcy: the debtor is forced into bankruptcy by secured creditors whose claims total at least $220,000. Involuntary bankruptcy may be filed under Chapter 7 or 11.

AKA: also known as

DBA: doing business as

FDBA: formerly doing business as

FKA: formerly known as

FAW: formerly associated with
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Title Annotation:Data Bank
Publication:Los Angeles Business Journal
Date:Dec 10, 2007
Words:576
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