In Re Hammer
United States Bankruptcy Court, C.D. Illinois
1Opinion of the Court
OPINION
WILLIAM V. ALTENBERGER, Bankruptcy Judge.
In In re Hammer, the Debtor is a retired fireman who filed a Chapter 7 proceeding in bankruptcy. His schedules show $33,-000.00 of unsecured debt. Approximately three-fourths of that amount is related to gambling losses. Most of the debt was incurred through the use of credit cards. The Debtor has retirement pay of $1,319.00 per month. After deducting his regular monthly expenses, he has $350.00 per month available to pay creditors. Over a three year period he would be able to pay his creditors $12,600.00 and over a five year period, $21,000.00.
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2Cases cited17 opinions
- In Re Charles Ellsworth Krohn AKA Charles E. Krohn, Appellant/debtorCourt of Appeals for the Sixth Circuit · 1989
- In Re Ronald Carlester WaltonCourt of Appeals for the Eighth Circuit · 1989
- In Re KenistonUnited States Bankruptcy Court, D. New Hampshire · 1988
- In Re HigginbothamUnited States Bankruptcy Court, N.D. Oklahoma · 1990
- In Re PalmerUnited States Bankruptcy Court, N.D. Iowa · 1990
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