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Karl Michael Herrwerth - Quincy, Florida

Debtor:

ᐅ Herrwerth, Karl Michael - Quincy, Florida (Court Case:07-40080)

Bankruptcy filed - February 2007, discharged - May 2007
Full Name: Karl Michael Herrwerth 
Court Case:   07-40080
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: February 18, 2007
Discharged: May 29, 2007