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Michael Cervone - Champaign, Illinois

Debtor:

ᐅ Cervone, Michael - Champaign, Illinois (Court Case:10-90902)

Bankruptcy filed - April 2010, discharged - August 2010
Full Name: Michael Cervone 
Court Case:   10-90902
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: April 25, 2010
Discharged: August 02, 2010