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Richard Simon Ballasch - Island Lake, Illinois

Debtor:

ᐅ Ballasch, Richard Simon - Island Lake, Illinois (Court Case:16-80480)

Bankruptcy filed - February 2016, discharged - May 2016
Full Name: Richard Simon Ballasch 
Court Case:   16-80480
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 28, 2016
Discharged: May 28, 2016