personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Edgar M Vellve - Charlotte, North Carolina

Debtor:

ᐅ Vellve, Edgar M - Charlotte, North Carolina (Court Case:13-30069)

Bankruptcy filed - January 2013, discharged - April 2013
Full Name: Edgar M Vellve 
Court Case:   13-30069
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: January 14, 2013
Discharged: April 14, 2013