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Carol Ann Tracy - Carson, California

Debtor:

ᐅ Tracy, Carol Ann - Carson, California (Court Case:2:13-bk-37545-RK)

Bankruptcy filed - November 2013, discharged - February 2014
Full Name: Carol Ann Tracy 
Court Case:   2:13-bk-37545-RK
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: November 14, 2013
Discharged: February 24, 2014