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Dariusz W Smusz - Carol Stream, Illinois

Debtor:

ᐅ Smusz, Dariusz W - Carol Stream, Illinois (Court Case:12-38148)

Bankruptcy filed - September 2012, discharged - January 2013
Full Name: Dariusz W Smusz 
Court Case:   12-38148
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: September 25, 2012
Discharged: January 01, 2013