Bankruptcy filings.(FRESH BUSINESS)(Public notice)

Wenatchee Business Journal,  May, 2008  

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Bankruptcies are filed under the following chapter headings.

'Chapter 7--Straight bankruptcy; debtor gives up non-exempt property and debts discharged.

Chapter 11--Business reorganization; protection from creditors while business devises a plan of reorganization. Income/expense reports must be filed monthly.

Chapter 13--Plan is devised by the individual to pay a percentage of debt based on ability to pay. All disposable income must be used to pay debts.

This information comes from the U.S. Bankruptcy Court in Spokane.

Chapter 7

Michael Baird and Shaunna Baird, 3437 ...

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