89Hawk,
Contrary to what Grin_N_Barret said, this is almost certainly a chapter 13 individual bankruptcy. You will probably recieve written notification pretty soon that will give you more detailed information.
Be careful when dealing with a debtor in bankruptcy. All collection efforts are barred by court order when a person or entity files bankruptcy. Efforts to collect after notice of bankruptcy can lead to contempt of court sanctions.
Let me tell you a little about chapter 13 bankruptcies. First, the debtor files for it. The debtor proposes a plan to the court to pay all or a portion of the debt. I believe that the creditors get an opportunty to oppose confirmation of the plan.
The plan must devote substantially all of a debtors disposable income to repayment of the debt. This means that he will be on a very strict budget for FIVE years. Frankly, chapter 13 is only really useful if there are certain ecumbered assets that the debtor has to keep. The VAST majority of chapter 13 bankruptcies end in failure, resulting in no discharge of the debt (this usually ultimately becomes a chapter 7 liquidation bankruptcy).
As for his tools, I wouldn't count on getting them. These are likely tools of his trade, something he will need for a chater 13.