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Minnesota Bankruptcies (June 02, 2012)

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Chapter 7 is a petition to liquidate assets and discharge debts.

Chapter 11 is a petition for protection from creditors and to reorganize.

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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.

Michelle Lynn Sherk, Park Rapids, Chapter 7, debts of $143,106, assets of $58,653.

Sarah Marie Gudvangen, Crookston, nurse, Chapter 7, debts of $69,892, assets of $4,800.

Grant Ellegaard, doing business as Grant's Ice Cream, Fertile, Chapter 7, debts and assets not listed.

Brian S. and Susan Backer, formerly known as Susan Orth, Ada, Chapter 7, debts of $184,003, assets of $52,561.

Tracy W. Brolin, Detroit Lakes, engineering manager, Chapter 7, debts of $53,780, assets of $26,188.

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