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Roy Katnic - Santa Barbara, California

Debtor:

ᐅ Katnic, Roy - Santa Barbara, California (Court Case:9:10-bk-10116-RR)

Bankruptcy filed - January 2010, discharged - April 2010
Full Name: Roy Katnic 
Court Case:   9:10-bk-10116-RR
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 11, 2010
Discharged: April 28, 2010