Bankruptcy: The Filing
Posted on December 14, 2011
MckMama and MckDaddy filed for Chapter 7 (liquidation) bankruptcy yesterday. If approved, all of their debts would be discharged (excluding tax debt). This is in contrast to MckMama’s repeated claims that they intend to repay their debtors when they file bankruptcy. The publicly available documents below comprise the initial filing package; they will be updated as additional documents become available. The Petition for Bankruptcy is the most telling document of all; it reveals many, many discrepancies between the life portrayed on MckMama’s blog and reality.
Future posts will look specifically at the assets, liabilities and finally the discrepancies contained in the filed documents, revealing the egregiously reckless nature of the McKinney’s attitude towards money.
Bankruptcy Petition #: 11-61215 | |
| Assigned to: Judge Dennis D O’Brien Chapter 7 Voluntary No asset | |
| Debtor Israel R McKinney xxxxx Xxxxxx Xx Parkers Prairie, MN 56361 OTTER TAIL-MN fdba Kieran’s Contracting, LLC | |
| Joint Debtor Jennifer H McKinney xxxxx Xxxxxx Xx Parkers Prairie, MN 56361 OTTER TAIL-MN asf Jennifer McKinney Photography fka Jennifer Howe Sauls aka Jennifer Howe Sauls McKinney | |
| Trustee Gene W. Doeling 121 Roberts Street PO Box 423 Fargo, ND 58107-0423 701-232-8757 | U.S. Trustee US Trustee 1015 US Courthouse 300 S 4th St Minneapolis, MN 55415 612-334-1350 |
Chapter 7 voluntary petition re: Israel R McKinney, Jennifer H McKinney. Summary of schedules and statistical summary of certain liabilities, Schedules A-J – Forms 6A – 6J, Declaration concerning debtors schedules – Form 6, Statement of financial affairs – Form 7, Ch 7 individual debtors statement of intention – Form 8, Statement of compensation by attorney for debtor – Local Form 1007-1, Statement of current monthly income and means-test calculation (Form 22A). Fee Amount $306.00 (Wisecup, Patty) (Entered: 12/13/2011)
2. Certificate of Credit Counseling
Certificate of credit counseling filed by Israel R McKinney, Jennifer H McKinney. (Wisecup, Patty) (Entered: 12/13/2011)
3. Signature Declaration
Signature declaration filed by Israel R McKinney, Jennifer H McKinney. (Wisecup, Patty) (Entered: 12/13/2011)
4. Debtor’s Income Records
Debtor’s income records filed by Israel R McKinney, Jennifer H McKinney. (Wisecup, Patty) (Entered: 12/13/2011)
5. Notice of Responsibilities
Notice of responsibilities of chapter 7 debtors and their attorneys filed by Israel R McKinney, Jennifer H McKinney and Patty L. Wisecup. (Wisecup, Patty) (Entered: 12/13/2011)
6. Meeting of Creditors
Meeting of Creditors. Trustee Gene W. Doeling assigned to the case. 341(a) meeting to be held on 1/9/2012 at 01:00 PM at Mtg Fergus Falls – 2nd Fl, 118 S Mill St. Certificate of completion of financial management course due 3/9/2012. Last day to object to discharge is 3/9/2012. Last day to challenge dischargeability of some debts: 3/9/2012. (ReneeE MNBM) (Entered: 12/14/2011)
7. BNC Certificate of mailing – Meeting of creditors
BNC Certificate of mailing – Meeting of creditors. Notice Date 12/16/2011. (Admin.) (Filed & Entered: 12/17/2011)
8. Certificate of completion of financial management course
Certificate of completion of financial management course filed by Debtor Israel R McKinney, Joint Debtor Jennifer H McKinney. (Wisecup, Patty) (Filed & Entered: 12/28/2011)
9. Letter
Letter filed (Nancy MNBS) (Entered: 01/05/2012)
Rescheduled meeting of creditors
Meeting of creditors rescheduled on 2/6/2012 at 02:00 PM at Mtg Fergus Falls – 2nd Fl, 118 S Mill St. (Doeling, Gene) (Filed & Entered: 01/10/2012)
Notice of non-concluded meeting of creditors
Notice of non-concluded meeting of creditors and request for deferral of discharge. (Doeling, Gene) (Filed & Entered: 01/10/2012)
10. Order deferring discharge and for debtors to appear at creditors meeting
Order deferring discharge and for debtors to appear at creditors meeting re: Notice of non-concluded meeting of creditors. (Grace MNBM) (Filed & Entered: 1/10/2012)
11. BNC Certificate of Mailing
BNC Certificate of Mailing. Notice Date 01/12/2012. (Admin.) (Entered: 01/13/2012)
12. Letter
Letter filed (MaryD MNBS) (Entered: 01/23/2012)
Rescheduled meeting of creditors
Meeting of creditors rescheduled on 3/5/2012 at 02:30 PM at Mtg Fergus Falls – 2nd Fl, 118 S Mill St. Debtor absent. Joint debtor absent. (Doeling, Gene) (Entered: 02/07/2012)
Notice of non-concluded meeting of creditors
Notice of non-concluded meeting of creditors and request for deferral of discharge. (Doeling, Gene) (Entered: 02/07/2012)
13. Motion to extend time for filing complaint objecting to discharge
Motion to extend time for filing complaint objecting to discharge filed by Trustee Gene W. Doeling. An affidavit or verification, Proof of service, Proposed order. Hearing scheduled 2/29/2012 at 09:00 AM at Courtroom 2, 2nd Floor, 118 Mill St, Fergus Falls – Judge Dennis D. O’Brien. (Doeling, Gene) (Entered: 02/08/2012)
14. Letter
Letter filed (Sam MNBS QC) (Entered: 02/13/2012)
15. Letter
Letter filed 2/15/2012 (Sam MNBS QC) (Entered: 02/22/2012)
(Exhibits were submitted in an incorrect format and are available on request from the clerk’s office)
16. Letter
Letter filed 2/16/2012 (Sam MNBS QC) (Entered: 02/22/2012)
(Exhibits were submitted in an incorrect format and are available on request from the clerk’s office)
17. Order on motion to extend time for filing a complaint objecting to discharge.
Order Granting Motion to extend time TO JUNE 9, 2012 for filing complaint (Related Doc # 13) (Doretta MNBS)(Filed & Entered: 2/29/2012)
18. BNC Certificate of Mailing
BNC Certificate of Mailing. (Entered: 03/03/2012) (Admin.)
Meeting of Creditors Concluded
(Doeling, Gene) (Filed & Entered: 03/06/2012)
19. Notice of change of address
Notice of change of address for Israel R McKinney, Jennifer H McKinney filed by Patty L. Wisecup. (Wisecup, Patty) (Filed & Entered: 03/07/2012)
20. Amended schedules and statements
Part 1: Main Document
Part 2: Jewelry Appraisal
Part 3: Business I&E
Amended schedules filed by Israel R McKinney, Jennifer H McKinney. Schedule B Personal property, Schedule C Claimed exempt property, Schedule I Average income, Schedule J Current expenditures, Ch 7 Current mo income and means test calc, Stmt of financial affairs, Verification by debtor, proof of service. (Attachments: # (1) Jewelry appraisal # (2) Business I&E) (Wisecup, Patty)(Filed & Entered: 04/12/2012)
21. Amended statement of financial affairs
Amended statement of financial affairs filed by Israel R McKinney, Jennifer H McKinney. (Wisecup, Patty)(Filed & Entered: 04/12/2012)
22. Application to employ professional
Application to employ Gene W. Doeling as Attorney filed by Gene W. Doeling. Supporting affidavit or verified statement of professional person, Proof of service, Proposed order. (Doeling, Gene) (Filed & Entered: 04/17/2012)
U. S. Trustee recommendation in favor of employment
Notice of U. S. Trustee recommendation in favor of 22 Application to employ professional. (Raschke, Robert)(Filed & Entered: 04/20/2012)
23. Order on application to employ professional
Order Granting Application to employ KALER DOELING LAW OFFICE for Gene W. Doeling (Related Doc # 22) (DDO 4/25/12) (Sandy M MNBS) (Filed & Entered: 04/26/2012)
24. Motion objecting to exempt property
Motion objecting to exempt property filed by Trustee Gene W. Doeling. An affidavit or verification, Proof of service, Proposed order.Hearing scheduled 5/23/2012 at 09:00 AM at Courtroom 2, 2nd Floor, 118 Mill St, Fergus Falls – Judge Dennis D. O’Brien. (Doeling, Gene) (Filed & Entered: 04/30/2012)
25. Order on motion objecting to exempt property
Order Sustaining Motion objecting to exempt property. (Related Doc # 24) (Doretta MNBS) (Filed & Entered: 05/23/2012)
26. Complaint
Adversary case 12-06024. (41 (Objection / revocation of discharge – 727(c),(d),(e))), Complaint by Gene W. Doeling, as Bankruptcy Trustee against Israel R McKinney, Jennifer H McKinney. No Fee. (Doeling, Gene) (Filed & Entered: 05/24/2012)
Date filed: 05/24/2012
1. Complaint
Adversary case 12-06024. (41 (Objection / revocation of discharge – 727(c),(d),(e))), Complaint by Gene W. Doeling, as Bankruptcy Trustee against Israel R McKinney, Jennifer H McKinney. No Fee. (Doeling, Gene) (Filed & Entered: 05/24/2012)2. Trustee’s statement of insufficient funds to pay filing fees.
Trustee’s statement of insufficient funds to pay filing fees.(Doeling, Gene) (Filed & Entered: 05/24/2012)
3. Summons for adversary proceeding
Summons issued on Israel R McKinney Date Issued 5/24/2012, Answer Due 6/25/2012; Jennifer H McKinney Date Issued 5/24/2012, Answer Due 6/25/2012 (Nancy MNBS) (Filed & Entered: 05/24/2012)
4.Certificate of service
Certificate of service (re:1 Complaint, 3 Summons for adversary proceeding) filed by Gene W. Doeling, as Bankruptcy Trustee.(Doeling, Gene) (Filed & Entered: 05/24/2012)
