                            THE VIRGINIAN-PILOT  
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Monday, July 10, 1995                  TAG: 9507080318
SECTION: BUSINESS WEEKLY          PAGE: 09   EDITION: FINAL 
SOURCE: By Juanita Raisor
        
                                             LENGTH: Short :   30 lines

BANKRUPTCIES

Bankruptcies filed in U.S. Bankruptcy Court in Norfolk:

W.G. Enterprises Inc., trading as Hardbodies Health & Fitness Centers, filed Chapter 11 reorganization on June 23. Assets and liabilities were not available.

James Lafayette Gwaltney, also known as Jimbo`s (food vendor) filed Chapter 7 liquidation on June 27, with assets of $5,485 and liabilities of $58,200

Derrick L. Watkins, formerly doing business as Good Stewards Business Services, filed Chapter 13 debt repayment plan on June 27 with assets of $173,374 and liabilities of $244,300.

Kim M. Sala, formerly doing business as K-Dee International and American Bumper Sales, filed Chapter 7 liquidation on July 28 with assets of $171,512.14 and liabilities of $183,659.51.

Carrie P. Freeman, Judy's Flower Shop, filed Chapter 13 debt repayment plan on July 29 with assets of $97,685 and liabilities of $87,596.93. by CNB