Here is a list of Lancaster County bankruptcies recorded in U.S. Bankruptcy Court, Eastern District of Pennsylvania, Reading, Dec. 26-Jan. 1.
CASH, Sabrina, first block of Carol Lane, Quarryville. Chapter 7.
CRESPO, Antonio, 900 block of Edinburgh Drive. Chapter 13.
GATHERCOLE, Susan L., 300 block of East Cedar Street, New Holland. Chapter 7.
KITCH, Anthony R., 400 block of Greenland Drive. Chapter 7.
LINN, Nicole Marie Veranice, 1300 block of Fieldstone Drive, Mount Joy. Chapter 13.
WALTZ, Barry L., 400 block of East Main Street, Mountville. Chapter 7.
Under Chapter 7 of the U.S. Bankruptcy Code, a debtor’s assets are liquidated to pay creditors. Under Chapter 11, the debtor, often a company, reorganizes and may pay some creditors. Under Chapter 13, a debtor proposes a repayment plan.
