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Article: Bankruptcies.(TIPS & LEADS)
- Article from:
- Bellingham Business Journal
- Article date:
- September 1, 2009
CopyrightCOPYRIGHT 2009 Sound Publishing Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Chapter 7--Straight bankruptcy; debtor gives up non-exempt property and debts are discharged.
Chapter 11--Business reorganization; protection from creditors while business devises a plan of reorganization. Income/expense reports must be filed monthly.
Chapter 13--Plan is devised by individual to pay a percentage of debts based on ability to pay. All disposable income must be used to pay.
Chapter 7
Sharie Kernan-Wilder and Willard L. Wilder Jr., 8673 Harbor Drive, Blaine. Filed Aug. 7.
David E. Conn, 492 Sprague Valley Drive, Maple Falls. Filed Aug. 6.
Sharon R. and Warren S. Levine, 516 Darby Drive #216, Bellingham. ...