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David T Simpson - Jersey City, New Jersey

Debtor:

ᐅ Simpson, David T - Jersey City, New Jersey (Court Case:2014-16858)

Bankruptcy filed - April 2014, discharged - July 2014
Full Name: David T Simpson 
Court Case:   2014-16858
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 06, 2014
Discharged: July 05, 2014