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Penelope Paine - Santa Barbara, California

Debtor:

ᐅ Paine, Penelope - Santa Barbara, California (Court Case:9:09-bk-15468-RR)

Bankruptcy filed - December 2009, discharged - April 2010
Full Name: Penelope Paine 
Court Case:   9:09-bk-15468-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: December 29, 2009
Discharged: April 12, 2010