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Laimonas Leonavicius - Palatine, Illinois

Debtor:

ᐅ Leonavicius, Laimonas - Palatine, Illinois (Court Case:10-22000)

Bankruptcy filed - May 2010, discharged - August 2010
Full Name: Laimonas Leonavicius 
Court Case:   10-22000
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: May 13, 2010
Discharged: August 19, 2010