The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1996, Landmark Communications, Inc.

DATE: Monday, May 13, 1996                   TAG: 9605110219
SECTION: BUSINESS WEEKLY          PAGE: 12   EDITION: FINAL 
                                             LENGTH: Short :   39 lines

DIGEST

BANKRUPTCIES

Business bankruptcies filed in U.S. Bankruptcy Court in Norfolk:

Rickey Lynn Farmer and Donna Karen Farmer, life insurance counselor/salesman, filed chapter 7 liquidation on April 30 with assets of $15,808 and liabilities of $31,715.49.

Ronald Ray Crum, Whisper Entertainment, field chapter 7 liquidation on April 30 with assets of $95,272 and liabilities of $97,174.81.

Bruce Phillip Christensen and Donna Rae Christensen, barber, filed chapter 7 liquidation on April 30 with assets of $13,602.15 and liabilities of $39,139.20.

Stephen F. Bryant, residential contractor, filed chapter 7 liquidation on April 30. Assets and liabilities were not available.

David Christopher McCarthy and Lauren Beth McCarthy, candle business/vending machines, filed chapter 7 liquidation on April 30. Assets and liabilities were not available.

James Douglas Foster, pizzeria, filed chapter 13 debt repayment plan May 1. Assets and liabilities were not available.

Charles M. McCluskey, doing business as The Village Video, filed chapter 7 liquidation on May 2 with assets of $40,700 and liabilities of $101,803.43.

Isaac Jackson, Jackson Trucking, filed chapter 13 debt repayment plan on May 3 with assets of $269,051 and liabilities of $77,993.95.

Clarence Henry Petzold and Sylvia Sydney Petzold, restaurant, filed chapter 7 liquidation on May 3 with assets of $86,285 and liabilities of $284,339.00.

United Tele-Systems of Virginia Inc., pay phone provider, filed chapter 11 reorganization on May 6 with assets of $1.3 million and liabilities of $2.81 million. by CNB