personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Sonja V Stephens - Alexandria, Virginia

Debtor:

ᐅ Stephens, Sonja V - Alexandria, Virginia (Court Case:16-12461)

Bankruptcy filed - July 2016, discharged - October 2016
Full Name: Sonja V Stephens 
Court Case:   16-12461
Chapter 7: In the framework of Chapter 13 bankruptcy, a structured repayment plan is central, differing significantly from scenarios where assets are liquidated to satisfy debts. Here, rather than resorting to the sale of the debtor's nonexempt property, a managed plan allows for debt resolution while the debtor retains their property. This method involves organizing payments to creditors, overseen by a trustee, without the need to liquidate assets. It's designed to protect certain assets from being sold, providing a path for debtors to avoid the potential loss of property while addressing their financial obligations.
Filed: July 17, 2016
Discharged: October 15, 2016