Share this article

print logo

ALL KINDS OF PEOPLE FILE FOR PROTECTION

It might be your neighbor, a relative, or the storekeeper around the corner. Bankruptcy involves real people who -- because of job loss, medical problems or rising debt -- find themselves unable to pay their bills. These are some of the dozens of people who file for bankruptcy every day.

Kurt A. Gilbert, Eggertsville

Field service representative
1996 income: $50,000
Assets: $182,000
Liabilities: $144,779
Credit Card Debt: $40,236
Losses include $10,000 at Turning Stone Casino

Chapter 13 repayment plan, 5 cents on the dollar.

Robert Eberle, Lyndonville
Supervisor, waste disposal company; wife is a claims examiner.
1996 income: $76,000
Assets: $51,097
Liabilities: $80,803
Credit Card Debt: $32,934

Tried but failed to complete consumer credit counseling.

Rosesharon Connelly, Kenmore
Cashier at clothing store
1996 income: $7,823
Assets: $76,475
Liabilities: $52,741
Credit Card Debt: $8,178

Chapter 13 repayment plan, will repay 100 percent of her debts.

Dale E. Hershelman, Buffalo
Mechanic
1996 income: $42,500
Assets: $17,515
Liabilities: $64,074
Credit Card Debt: $52,150

Garry P. Nye, Kenmore
Clothing store manager
1996 income: $22,599
Assets: $183,720
Liabilities: $201,015
Credit Card Debt: $24,116

Expenses include $325 a month for clothes but lists only $300 for clothes under assets.

Paul Georger, Buffalo
Workers' compensation law judge
1996 income: $52,658
Assets: $97,826
Liabilities: $167,057
Credit Card Debt: $11,688

Chapter 13 repayment plan of $350 every other week for 45 months.

Thomas J. Little, Depew
Retired
1996 income, Social Security and pension, $20,281
Assets: $5,610
Liabilities: $40,256
Credit Card Debt: $40,256

Entire debt is in credit cards.

Tracey Gilbert, Buffalo
Administrative aide, sports arena
1996 income: $18,000
Assets: $12,194
Liabilities: $74,582
Credit Card Debt: $200
Exempt assets include a $500 satellite television dish.

Donald F. Mumbach, East Concord
Truck driver
1996 income: $40,000
Assets: $114,600
Liabilities: $140,520
Credit Card Debt: $41,341

Steven P. Bliven, Cheektowaga
Attorney
1996 Income: $6,288
Assets: $15,181
Liabilities: $43,510, including $33,000 in student loans.
Credit Card Debt: $5,079

Made donation of $2,240 in last two years to television ministries.

Josephine Seggio-Ball, Angola
Attorney
1996 income: $42,000
Assets: $137,510
Liabilities: $232,145
Credit Card Debt: $101,898

Richard M. Tomaino Jr., Lockport
Materials handler
1996 Income: $42,000
Assets: $3,615
Liabilities: $33,224
Credit Card Debt: $33,224

Liabilities include $15,000 for gambling. Monthly expenses include $200 for tobacco.

Basil A. Hughes, Buffalo
Truck driver
1996 income: $17,559
Assets: $60,250
Liabilities: $78,988
Credit Card Debt: $29,524

Liabilities include $17,000 engine repair for his truck.

Laura Hirsch, Buffalo
Health insurance claims manager
1996 income: $47,000
Assets: $61,155
Liabilities: $88,972
Credit Card Debt: $15,946

Peter J. DelPrince, East Aurora
Laborer, sports producer
1996 income: $30,000
Assets: $99,650
Liabilities: $118,423
Credit Card Debt: $60,968

William M. Sipple, Gasport
Customer picture framer
1996 Income: $7,944
Assets: $2,350
Liabilities: $32,420
Credit Card Debt: $32,420.

All debts are credit cards, including purchase of television satellite dish.

James W. Kipp, Tonawanda
Customer service representative, federal government
1996 income: $35,944
Assets: $127,606
Liabilities: $149,673
Credit Card Debt: $41,651

Lisa A. Frederick
Homemaker
1996 income: $6,457 in Social Security and disability payments
Assets: $3,675
Liabilities: $22,682
Credit Card Debt: $22,517

Has 14 credit cards.

Alan L. Bidwell, Buffalo
Disabled
1996 income: $4,463
Assets: $1,750
Liabilities: $36,600
Credit Card Debt: $36,600

Valerie Duplicki, Kenmore
Business support worker for insurance company
1996 income: $20,000
Assets: $16,250
Liabilities: $64,754
Credit Card Debt: $51,085

Will keep 1997 Chevrolet Cavalier as part of bankruptcy filing.

Kerry Jones, Town of Tonawanda
Research assistant
1996 income: $11,850
Assets: $1,450
Liabilities: $66,628
Credit Card Debt: $25,628

Debts include $41,000 in student loans not discharged in bankruptcy.

Franklin C. Brewster, Buffalo
Service technician
1996 income: $17,000
Assets: $8,583
Liabilities: $25,600
Credit Card Debt: $25,600

Patricia L. Pagano, Niagara Falls
Security guard
1996 income: $4,000
Assets: $42,500
Liabilities: $126,663
Credit Card Debt: $48,324

Chapter 13 repayment plan, 5 cents on the dollar.

Betty Flores, Buffalo
Unemployed, receiving welfare and disability payments
1996 income: $6,000
Assets: $1,000
Liabilities:$20,197
Credit Card Debt: $20,197

Had 14 credit cards despite income averaging $5,000 a year for past two years.

There are no comments - be the first to comment