In filing its petition for protection under Chapter 11 of the Bankruptcy Code, Taylor, Bean & Whitaker Mortgage Corp., Ocala, Fla. indicated its bankruptcy estates might have funds available to distribute to unsecured creditors.

The filing was made on Aug. 24 in the U.S. Bankruptcy Court, Middle District of Florida in Jacksonville. A statement from the company said it will operate on a scaled-down basis, and it could possibly liquidate its assets.

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