Judge Peterson seeks Chapter 13 relief

Print Article

COEUR d'ALENE - Clark A. Peterson, a judge in Kootenai County, and his wife, Donna M., filed for Chapter 13 relief in U.S. Bankruptcy Court.

In their petition, the Petersons, of Post Falls, listed total assets of nearly $205,000, and debts of nearly $457,000, according to court documents.

Clark Peterson claimed $8,900 in gross-monthly wages, with payroll deductions of $2,700, and take-home pay of $6,200. Donna Peterson was listed as a homemaker.

The Petersons' average monthly expenses are $5,400.

Chapter 13 allows debtors to keep property and develop a plan to repay all or part of their debts over time, usually in three to five years. During that time the law forbids creditors from starting or continuing collection efforts.

Court records show the Petersons have more than $272,000 in debts owed to creditors holding secured claims, and nearly $185,000 to those holding unsecured claims.

Of the secured claims, they owe on a 2007 Chevy Trailblazer, and a Post Falls home and home-equity line of credit.

The creditors listed holding unsecured claims include the Internal Revenue Service, multiple banks and credit card companies, and multiple retailers.

The unsecured claims include $83,000 in student loans.

A call left at Peterson's office Monday wasn't immediately returned. A call left with his attorney, Jeffrey H. Andrews, in Hayden, wasn't returned.

The initial petition was filed April 27.

Print Article

Read More Local News

Launch safety questioned

January 17, 2018 at 5:00 am | Coeur d'Alene Press By BRIAN WALKER Staff Writer HAYDEN — Relatives of the man who died inside a vehicle that entered Hayden Lake at the Honeysuckle Boat Launch early Saturday hope Hayden makes more safety improveme...

Comments

Read More

Traffic signals get green light

January 17, 2018 at 5:00 am | Coeur d'Alene Press A city plan to replace 11 traffic signals in downtown Coeur d’Alene could take an $84,000 chunk out of the city budget. City engineer Chris Bosley got the green light Tuesday from the City Council t...

Comments

Read More

A voyage of discovery at Invent Idaho

January 17, 2018 at 5:00 am | Coeur d'Alene Press By DEVIN WEEKS Staff Writer COEUR d’ALENE — The imaginations of North Idaho students were on display throughout the weekend in the Silver Lake Mall. From the fantastical and far-out to the pract...

Comments

Read More

Rental fee schedule adopted

January 17, 2018 at 5:00 am | Coeur d'Alene Press The fees imposed on the owners of vacation rental properties in Coeur d’Alene are not going up. They are, however, being ushered in. The fee schedule adopted at Tuesday’s City Council meeting, which...

Comments

Read More

Contact Us

(208) 664-8176
215 N. Second St
Coeur d'Alene, Idaho 83814

©2018 The Coeur d'Alene Press Terms of Use Privacy Policy
X
X