Bankruptcy filings in Minneapolis and St. Paul

This is a list of recent business-related bankruptcies filed in U.S. Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the case number. A Chapter 7 petition is for liquidation of the business; Chapter 11 (or Chapter 12 for farmers or Chapter 13 for small businesses) gives protection from creditors while the business is reorganized. MINNEAPOLIS Richard James Elsen, as surety for Richard J. Elsen Construction Inc. and Can-Am Investments, and Lynn Marie Elsen, 11317 Toledo Av. N., Champlin; filed March 13, 13-41182; Chap. 7; assets, $472,802; liabilities, $1,756,169. Read the rest at http://www.startribune.com/business/198557221.html?src=news-stmp