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Carmine T Testa - Colonia, New Jersey

Debtor:

ᐅ Testa, Carmine T - Colonia, New Jersey (Court Case:13-25732)

Bankruptcy filed - July 2013, discharged - October 2013
Full Name: Carmine T Testa 
Court Case:   13-25732
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: July 17, 2013
Discharged: October 22, 2013