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Sr William Tramel - Jackson, Tennessee

Debtor:

ᐅ Tramel, Sr William - Jackson, Tennessee (Court Case:10-13294)

Bankruptcy filed - September 2010, discharged - January 2011
Full Name: Sr William Tramel 
Court Case:   10-13294
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: September 27, 2010
Discharged: January 01, 2011