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Miguel Torres - Brooklyn, New York

Debtor:

ᐅ Torres, Miguel - Brooklyn, New York (Court Case:1-15-42742)

Bankruptcy filed - June 2015, discharged - September 2015
Full Name: Miguel Torres 
Court Case:   1-15-42742
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: June 10, 2015
Discharged: September 08, 2015