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Douglas Carafelly - Hale, Michigan

Debtor:

ᐅ Carafelly, Douglas - Hale, Michigan (Court Case:09-24152)

Bankruptcy filed - November 2009, discharged - February 2010
Full Name: Douglas Carafelly 
Court Case:   09-24152
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 16, 2009
Discharged: February 21, 2010