personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Desiree Tracy - Clementon, New Jersey

Debtor:

ᐅ Tracy, Desiree - Clementon, New Jersey (Court Case:16-21322)

Bankruptcy filed - June 2016, discharged - September 2016
Full Name: Desiree Tracy 
Court Case:   16-21322
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 09, 2016
Discharged: September 07, 2016