Former Mayor Robert Pastrick Makes Too Much to File Chapter 7
Tap to Call - (877) 250-8242

Former East Chicago mayor doesn't qualify for Chapter 7 bankruptcy


February 07, 2011

Share this article


Former East Chicago mayor doesn't qualify for Chapter 7 bankruptcy

Former East Chicago Mayor Robert Pastrick, who filed for Chapter 7 bankruptcy in December following an effort by the state of Indiana to collect a $108 million judgment for racketeering, will not be able to complete the filing under Chapter 7 of the bankruptcy code.

Federal court documents indicate that a trustee has detected abuse in Pastrick's filing, according to The Associated Press. A spokeswoman for the Executive Office of U.S. Trustees said that an example of abuse in the bankruptcy filing would be if the debtor's monthly income is too high, though she did not comment on the Pastrick case specifically.

Pastrick's original bankruptcy filing listed $650,000 in assets, but he has since claimed that a large portion of these assets should be exempt from liquidation. The bankruptcy trustee now has 30 days to either dismiss the bankruptcy or convert it to a Chapter 13 case, which involves a repayment plan under which Pastrick would have to pay his creditors.

Indiana Attorney General Greg Zoeller continues to claim that the civil judgment for racketeering that Pastrick faces cannot be dismissed through bankruptcy, the Northwest Indiana Times reports. Pastrick originally had the multi-million dollar judgment levied against him for a scheme in which he allegedly financed new sidewalks for East Chicago residents in exchange for their vote.

Back to Newspaper Home

Tap to Call - (877) 250-8242

Copyright © 2018 MH Sub I, LLC. All rights reserved. ® Self-help services may not be permitted in all states. The information provided on this site is not legal advice, does not constitute a lawyer referral service, and no attorney-client or confidential relationship is or will be formed by use of the site. The attorney listings on this site are paid attorney advertising. In some states, the information on this website may be considered a lawyer referral service. Please reference the Terms of Use and the Supplemental Terms for specific information related to your state.Your use of this website constitutes acceptance of the "Terms & Conditions", "Supplemental Terms", "Privacy Policy" and "Cookie Policy."