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Jr Clyde B Mcdaniel - Inwood, West Virginia

Debtor:

ᐅ Mcdaniel, Jr Clyde B - Inwood, West Virginia (Court Case:3:11-bk-00826)

Bankruptcy filed - April 2011, discharged - July 2011
Full Name: Jr Clyde B Mcdaniel 
Court Case:   3:11-bk-00826
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: April 29, 2011
Discharged: July 25, 2011