Minnesota bankruptcies (Dec. 23, 2009)
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, Minnesota
Bankruptcy filings from the following counties: Becker, Clay, Douglas, Grant, Hubbard, Mahnomen, Norman, Otter Tail, Polk, Traverse, Wadena and Wilkin.
Lila Mae Hegrenes, Ada, retired, Chapter 7, debts of $33,071, assets of $86,446.
Robert L. and Stephanie A. Jensen, formerly known as Stephanie Hess and Stephanie Begley, Fergus Falls, Chapter 7, debts of $403,836, assets of $244,021. Jensen is a shop foreman. Mrs. Jensen is a cashier and hostess.
Clark Bill Solem, East Grand Forks, mechanic, Chapter 7, debts of $26,486, assets of $10,757.
Michael Drew and Susan Lynn Fiske, Laporte, Chapter 7, debts of $442,432, assets of $495,445.
Kevin and Carol Bice, Waubun, Chapter 7, debts of $183,421, assets of $176,945. Bice is a banquet steward. Mrs. Bice is a bill technician.
Todd Allen Christenson, Akeley, Chapter 7, debts of $149,956, assets of $128,000.
Joshua R. Madson, 804 6th Ave. S., Moorhead, laborer, Chapter 7, debts of $26,541, assets of $7,511.
Otter Tail Ag Enterprises, Fergus Falls, Chapter 11, debts of $86,021,122, assets of $66,630,906.
Paul W. and Eldora J. Dero, Garfield, Chapter 7, debts of $139,184, assets of $157,700. Dero is a maintenance worker. Mrs. Dero is a housekeeper.
Marilyn Robinson, doing business as Marilyn's Tanning Salon, Erhard, liquor store clerk, Chapter 7, debts of $249,331, assets of $62,350.
Veronica L. Maynard, also known as Veronica Teason, Roni Teason and Roni Maynard, 4235 18th St. S., Moorhead, Chapter 7, debts of $70,480, assets of $6,984.