Minnesota Bankruptcies (August 12, 2012)
Chapter 7 is a petition to liquidate assets and discharge debts.
Chapter 11 is a petition for protection from creditors and to reorganize.
Chapter 12 is a petition for family farmers to reorganize.
Chapter 13 is a petition for wage earners to readjust debts.
Filed in U.S. Bankruptcy Court
Bankruptcy filings from the following counties: Becker, Clay, Douglas, Grant, Hubbard, Mahnomen, Norman, Otter Tail, Polk, Traverse, Wadena and Wilkin.
Bradley Orville and Christine Marie Krotzer, Menagha, Chapter 7, debts of $173,611, assets of $165,108. Krotzer is a technician. Mrs. Krotzer is an administrative assistant.
Shaun Allan and Vanessa Heidi Frey, formerly known as Vanessa Anderson, Frazee, Chapter 7, debts of $219,392, assets of $184,239. Frey is a farm laborer. Mrs. Frey is a consumer counselor.
Lars A. and Cheryl L. Walter, Rochert, Chapter 7, debts of $442,417, assets of $345,398. Walter is a laborer. Mrs. Walter is a nurse.
Darwin D. and Beverly Lusty, formerly doing business as Vixen and Vines, Detroit Lakes, Chapter 13, debts and assets not listed.
Margaret A. Lindquist, Detroit Lakes, Chapter 13, occupation, debts and assets not listed.
Linda Jane and Mark Wayne Johnson, Wadena, Chapter 7, debts of $64,198, assets of $52,421.
Jeannie Louise Hudson, Moorhead, Chapter 7, occupation, debts and assets not listed.
Daletta May Kratzke, Ada, Chapter 7, debts of $17,731, assets of $7,065.
Jeffrey Wallace and Tina Lee Monroe, Akeley, Chapter 7, debts of $289,199, assets of $214,656. Monroe is a recycling center worker. Mrs. Monroe is a nurse manager.
Chad E. Waagen, Ada, Chapter 7, paramedic, debts of $133,230, assets of $108,150.
Larry Martin and Lois Malmskog, Lake Park, Chapter 7, occupations, debts and assets not listed.