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Franklin Scott Bounds - Eureka Springs, Arkansas

Debtor:

ᐅ Bounds, Franklin Scott - Eureka Springs, Arkansas (Court Case:3:11-bk-70236)

Bankruptcy filed - January 2011, discharged - April 2011
Full Name: Franklin Scott Bounds 
Court Case:   3:11-bk-70236
Chapter 7: Chapter 7 bankruptcy differs from Chapter 13 in that it does not require a repayment plan. Instead, it involves a trustee selling the debtor's nonexempt assets to repay creditors, following the rules of the Bankruptcy Code. Debtors may keep exempt assets but risk losing other property through this process.
Filed: January 20, 2011
Discharged: April 28, 2011