THE VIRGINIAN-PILOT
Copyright (c) 1997, Landmark Communications, Inc.
DATE: Monday, February 17, 1997 TAG: 9702150217
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
LENGTH: 48 lines
CONSUMER NEWS
Virginia Power said it will become the first company in the commonwealth to offer payroll deduction for employees enrolled in the Virginia Prepaid Education Program.
The program lets Virginia parents pay for tomorrow's college tuition expenses at ``today'' prices. To qualify for this year's prices, applications must be received by the tuition program's office by Feb. 28.
The payments are subtracted from workers' paychecks and forwarded by Virginia Power to the tuition program's office. For information on the state's prepaid tuition program, call 1-888-567-0540.
CONTRACTS
Virginia Marine Structures in Virginia Beach received a $2.3 million contract for structure pier repairs at the Naval Air Base in Virginia Beach.
Precon Construction Co. in Chesapeake received a $4.5 million contract for a Sandbridge vacuum sewer system in Virginia Beach.
J.C.B. Construction Inc. in Virginia Beach received a $2.4 million contract for a concentrate pipeline section in Chesapeake.
Womack Contractors Inc. in Chesapeake received a $1.3 million contract for beach restoration and maintenance for 1997 in Virginia Beach.
BIZ BANKRUPTCIES
Bankruptcies, of business and individuals operating businesses, filed in U.S. Bankruptcy Court in Norfolk:
Margaret Jean Cuffe (Margaret J. Rountree and Maggie Rountree), realtor, filed Chapter 7 liquidation on Feb. 4 with assets of $101,669 and liabilities of $137,244.42.
Victory Amoco Inc., convenience store and gas station, filed Chapter 11 reorganization on Feb. 6 with no assets and liabilities of $335,960.
Mid-Atlantic Contracting Inc. filed Chapter 7 liquidation on Feb. 6. Assets and liabilities were not available.
George Douglas Hamilton, entertainment club, filed Chapter 7 liquidation on Feb. 7. Assets and liabilities were not available.
Bobby E. Warren, trading as S&B Trucking, filed Chapter 13 debt repayment plan on Feb. 12 with assets of $156,820 and liabilities of $177,592.
Robert Joseph Hojnacki Jr. and Kimberly Carol Kent-Hojnacki, Bob's Services painting and construction handyman, filed Chapter 7 liquidation on Feb. 12 with assets of $32,980 and liabilities of $43,784.16.
James Matthew Beale, construction, filed Chapter 7 liquidation on Feb. 12 with assets of $51,898 and liabilities of $60,737.24.
Jonie Rae Clark, breeder farm, filed Chapter 12 debt repayment plan on Feb. 12 with assets of $325,354 and liabilities of $159,816.28.