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Michael Gutowitz - Mountain Lakes, New Jersey

Debtor:

ᐅ Gutowitz, Michael - Mountain Lakes, New Jersey (Court Case:10-36651-RG)

Bankruptcy filed - August 2010, discharged - December 2010
Full Name: Michael Gutowitz 
Court Case:   10-36651-RG
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: August 29, 2010
Discharged: December 19, 2010