Times-Union Court News 01-06-1998

July 28, 2016 at 4:25 p.m.
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Bankruptcies

The following is an explanation of bankruptcy terms:
Chapter 7: Liquidation. A court-appointed trustee liquidates the assets of an individual or firm and distributes them to creditors on a prorated basis.
Chapter 11: Business reorganization. Debtor retains possession of assets and attempts to remain in business by proposing a plan of reorganization to pay all or a portion of debts from future earnings.
Chapter 13: For individuals with regular income. Often called "wage earner plan." Debtor retains assets and agrees to pay all or a portion of debts from future earnings over a three- to five-year period.
Chapter 12: The family farm bankruptcy proceeding. It is a hybrid between Chapter 13 and Chapter 11. A trustee is appointed, but the debtors remain in possession of their assets and propose to pay all or a portion of debts from future earnings over a three- to five-year period.
• Gregory Allen and Amy Lynn Barnhart, 869 N. CR 175E, Warsaw. Chapter 7. Nov. 26. Assets: $127,764. Debts: $214,897.59.
• Jason Dale and Kimberly Carol Blevins, 5987 S.E. Channel Road, Warsaw. Chapter 7. Nov. 26. Assets: $43,148. Debts: $148,363.03.
• Margo Josie Felton, formerly known as Margo Josie Hardy, 1062 Meadows, Nappanee. Chapter 7. Nov. 26. Assets: $3,030. Debts: $97,093.44.
• Michael Alan Ginter, 9500 E. Ponderosa Drive, North Webster. Chapter 7. Nov. 26. Assets: $23,200. Debts: $104,310.14.
• Sondra Sue Johnson, 301 Eisenhower Parkway, Warsaw. Chapter 13. Nov. 26. Assets: $68,720. Debts: $63,100.
• Melvin "Buck" Allen and Pamela Renee Mathias, formerly known as Pamela Renee Hart and Pamela Renee McCoy, 3127 N. CR 200W, Rochester. Chapter 7. Dec. 3. Assets: $120,625.23. Debts: $230,990.15.
• Clinton Dwayne Messer, 400 E. Pickwick Drive, Syracuse. Chapter 7. Nov. 26. Assets: $1,547. Debts: $23,044.60.
• Adolfo Palacios Jr. and Kathy Jo Palacios, also known as Kathy Jo Shepherd, 514 S. CR 600W, Warsaw. Chapter 7. Dec. 3. Assets: $25,720. Debts: $31,303.
• Joe Guadalupe Sr. and Audie Jewel Rodriguez, P.O. Box 205, Pierceton. Chapter 7. Nov. 26. Assets: $18,455. Debts: $52,548.48.
• Tab Leon Baldridge, 5397 W. Finch Road, Claypool. Chapter 7. Dec. 11. Assets: $8,175. Debts: $24,826.56.
• Robert Earl Hall and Kimberly Kay Hall, also known as Kimberly Kay Weiss, 1021 Meadow Trailer Park, Nappanee. Chapter 7. Dec. 10. Assets: $4,240. Debts: $8,957.
• Roscoe H. Mallott, 1773 N. CR 300W, Rochester. Chapter 7. Dec. 5. Assets: $2,250. Debts: $56,489.36.
• Shawn Wayne and Jody Lynn Shambarger, 1211 Wabash Ave., Rochester. Chapter 7. Dec. 8. Assets: $27,670. Debts: $57,106.45.
• Stuart Nelson Jr. and Michelle Lynn Siebenhaar, 9279 W. Washington St., Rochester. Chapter 7. Dec. 8. Assets: $11,171. Debts: $91,647.
• George Franklin Sparks, 302 S. Buffalo St., North Manchester. Chapter 7. Dec. 8. Assets: $540. Debts: $22,915.
• Robert Anthony Styles Jr. and Heather Marie Styles, formerly known as Heather Marie Herrell, 9517 W. Sycamore, Rochester. Chapter 7. Dec. 8. Assets: $112,000. Debts: $153,042.76.
• Lori E. Young, 154 S. Oakland Ave. #5, Nappanee. Chapter 7. Dec. 4. Assets: $1,120. Debts: $25,488.21.
• Man Ngai and Ying Man Au-Yeung, 101 Seventh St., Winona Lake. Chapter 7. Dec. 17. Assets: $12,160. Debts: $33,518.67.
• Larry Allen and Tamara Jeanette Behnke, 1821 Sue Ave., Warsaw. Chapter 13. Dec. 16. Assets: $49,551. Debts: $47,210.99.
• Fred DiRico, P.O. Box 932, Old Road 30W, Warsaw. Chapter 7. Dec. 17. Assets: $2,500. Debts: $17,176.78.
• Kerry Joe and Norma Jean Gregory, 430 E. 18th St., Rochester. Chapter 7. Dec. 17. Assets: $1,405. Debts: $18,953.91.
• Victor Allen Krider and Jane Ann Krider, also known as Jane Ann Stout and Jane Ann Strong, 8555 S. Valentine Road, Claypool. Chapter 7. Dec. 16. Assets: $26,187.03. Debts: $134,832.91.
• Bryce Allen Miller and Karlena Dianne Miller, also known as Karlena Dianne Giffels, 28568 CR 50, Nappanee. Chapter 7. Dec. 17. Assets: $32,160. Debts: $46,267.43.
• John William Powell, 603 N. Sycamore, North Manchester. Chapter 7. Dec. 16. Assets: $38,689. Debts: $68,423.87.
• Melanie Lynn Skelton, 1008 Van Hemert, Syracuse. Chapter 7. Dec. 17. Assets: $615. Debts: $6,100.
• Willie L. and Cinda Sue Varney, 5050 W. Lakeview Park Drive, Warsaw. Chapter 7. Dec. 17. Assets: $40,545. Debts: $107,934.03.
• Amy Lee Venghous, also known as Amy Lee Wright, 256 E. Indiana Ave., Nappanee. Chapter 7. Dec. 17. Assets: $962. Debts: $34,045.56. [[In-content Ad]]

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Bankruptcies

The following is an explanation of bankruptcy terms:
Chapter 7: Liquidation. A court-appointed trustee liquidates the assets of an individual or firm and distributes them to creditors on a prorated basis.
Chapter 11: Business reorganization. Debtor retains possession of assets and attempts to remain in business by proposing a plan of reorganization to pay all or a portion of debts from future earnings.
Chapter 13: For individuals with regular income. Often called "wage earner plan." Debtor retains assets and agrees to pay all or a portion of debts from future earnings over a three- to five-year period.
Chapter 12: The family farm bankruptcy proceeding. It is a hybrid between Chapter 13 and Chapter 11. A trustee is appointed, but the debtors remain in possession of their assets and propose to pay all or a portion of debts from future earnings over a three- to five-year period.
• Gregory Allen and Amy Lynn Barnhart, 869 N. CR 175E, Warsaw. Chapter 7. Nov. 26. Assets: $127,764. Debts: $214,897.59.
• Jason Dale and Kimberly Carol Blevins, 5987 S.E. Channel Road, Warsaw. Chapter 7. Nov. 26. Assets: $43,148. Debts: $148,363.03.
• Margo Josie Felton, formerly known as Margo Josie Hardy, 1062 Meadows, Nappanee. Chapter 7. Nov. 26. Assets: $3,030. Debts: $97,093.44.
• Michael Alan Ginter, 9500 E. Ponderosa Drive, North Webster. Chapter 7. Nov. 26. Assets: $23,200. Debts: $104,310.14.
• Sondra Sue Johnson, 301 Eisenhower Parkway, Warsaw. Chapter 13. Nov. 26. Assets: $68,720. Debts: $63,100.
• Melvin "Buck" Allen and Pamela Renee Mathias, formerly known as Pamela Renee Hart and Pamela Renee McCoy, 3127 N. CR 200W, Rochester. Chapter 7. Dec. 3. Assets: $120,625.23. Debts: $230,990.15.
• Clinton Dwayne Messer, 400 E. Pickwick Drive, Syracuse. Chapter 7. Nov. 26. Assets: $1,547. Debts: $23,044.60.
• Adolfo Palacios Jr. and Kathy Jo Palacios, also known as Kathy Jo Shepherd, 514 S. CR 600W, Warsaw. Chapter 7. Dec. 3. Assets: $25,720. Debts: $31,303.
• Joe Guadalupe Sr. and Audie Jewel Rodriguez, P.O. Box 205, Pierceton. Chapter 7. Nov. 26. Assets: $18,455. Debts: $52,548.48.
• Tab Leon Baldridge, 5397 W. Finch Road, Claypool. Chapter 7. Dec. 11. Assets: $8,175. Debts: $24,826.56.
• Robert Earl Hall and Kimberly Kay Hall, also known as Kimberly Kay Weiss, 1021 Meadow Trailer Park, Nappanee. Chapter 7. Dec. 10. Assets: $4,240. Debts: $8,957.
• Roscoe H. Mallott, 1773 N. CR 300W, Rochester. Chapter 7. Dec. 5. Assets: $2,250. Debts: $56,489.36.
• Shawn Wayne and Jody Lynn Shambarger, 1211 Wabash Ave., Rochester. Chapter 7. Dec. 8. Assets: $27,670. Debts: $57,106.45.
• Stuart Nelson Jr. and Michelle Lynn Siebenhaar, 9279 W. Washington St., Rochester. Chapter 7. Dec. 8. Assets: $11,171. Debts: $91,647.
• George Franklin Sparks, 302 S. Buffalo St., North Manchester. Chapter 7. Dec. 8. Assets: $540. Debts: $22,915.
• Robert Anthony Styles Jr. and Heather Marie Styles, formerly known as Heather Marie Herrell, 9517 W. Sycamore, Rochester. Chapter 7. Dec. 8. Assets: $112,000. Debts: $153,042.76.
• Lori E. Young, 154 S. Oakland Ave. #5, Nappanee. Chapter 7. Dec. 4. Assets: $1,120. Debts: $25,488.21.
• Man Ngai and Ying Man Au-Yeung, 101 Seventh St., Winona Lake. Chapter 7. Dec. 17. Assets: $12,160. Debts: $33,518.67.
• Larry Allen and Tamara Jeanette Behnke, 1821 Sue Ave., Warsaw. Chapter 13. Dec. 16. Assets: $49,551. Debts: $47,210.99.
• Fred DiRico, P.O. Box 932, Old Road 30W, Warsaw. Chapter 7. Dec. 17. Assets: $2,500. Debts: $17,176.78.
• Kerry Joe and Norma Jean Gregory, 430 E. 18th St., Rochester. Chapter 7. Dec. 17. Assets: $1,405. Debts: $18,953.91.
• Victor Allen Krider and Jane Ann Krider, also known as Jane Ann Stout and Jane Ann Strong, 8555 S. Valentine Road, Claypool. Chapter 7. Dec. 16. Assets: $26,187.03. Debts: $134,832.91.
• Bryce Allen Miller and Karlena Dianne Miller, also known as Karlena Dianne Giffels, 28568 CR 50, Nappanee. Chapter 7. Dec. 17. Assets: $32,160. Debts: $46,267.43.
• John William Powell, 603 N. Sycamore, North Manchester. Chapter 7. Dec. 16. Assets: $38,689. Debts: $68,423.87.
• Melanie Lynn Skelton, 1008 Van Hemert, Syracuse. Chapter 7. Dec. 17. Assets: $615. Debts: $6,100.
• Willie L. and Cinda Sue Varney, 5050 W. Lakeview Park Drive, Warsaw. Chapter 7. Dec. 17. Assets: $40,545. Debts: $107,934.03.
• Amy Lee Venghous, also known as Amy Lee Wright, 256 E. Indiana Ave., Nappanee. Chapter 7. Dec. 17. Assets: $962. Debts: $34,045.56. [[In-content Ad]]
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