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Michael Otte - Vernon Hills, Illinois

Debtor:

ᐅ Otte, Michael - Vernon Hills, Illinois (Court Case:1-10-18427)

Bankruptcy filed - November 2010, discharged - February 2011
Full Name: Michael Otte 
Court Case:   1-10-18427
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: November 15, 2010
Discharged: February 23, 2011