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Thomas Magnuson - Le Mars, Iowa

Debtor:

ᐅ Magnuson, Thomas - Le Mars, Iowa (Court Case:09-03145)

Bankruptcy filed - October 2009, discharged - February 2010
Full Name: Thomas Magnuson 
Court Case:   09-03145
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: October 26, 2009
Discharged: February 01, 2010