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Jeffrey Clay Bormann - Salem, South Dakota

Debtor:

ᐅ Bormann, Jeffrey Clay - Salem, South Dakota (Court Case:11-40498)

Bankruptcy filed - June 2011, discharged - October 2011
Full Name: Jeffrey Clay Bormann 
Court Case:   11-40498
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: June 26, 2011
Discharged: October 02, 2011