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Bankruptcy Case Results

Chapter 7 21-12213

Debt Discharged: $52,700

Total Cost of Bankruptcy: $2,400.00

Family Assets Protected in Bankruptcy:

  • No real estate - renting
  • 1 Motor Home
  • 1 motorcycle
  • 1 Pickup Truck
  • Over $5,000 in bank accounts and cash
  • Retirement Accounts
  • All family household and personal belongings

Household monthly Income: $5,500
Household monthly expenses: $4,700
Exemptions used to protect assets: $40,730.00
This case was pending for 4 months.

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Chapter 13 18-16064

Value of Assets Protected in Bankruptcy: Over $441,400

Total Cost of Bankruptcy: $7,000 plus $4,400 for Chapter 13 Trustee fee

  • Unsecured Debt: over $257,000
  • Behind in mortgage payments: $4,000
  • Unsecured Debt Discharged: over $215,100
  • Mortgage Arrears paid: $4000
  • Value of Assets protected in bankruptcy: over $441,400
  • Monthly Household Income $8,600
  • Monthly Household Expenses $5,650
  • Chapter 13 plan payment: Starting at $2900/mo.
  • Mortgage delinquency cured.

Case concluded early because of receipt of inheritance.

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