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Virginia Hammond - Phoenix, Arizona

Debtor:

ᐅ Hammond, Virginia - Phoenix, Arizona (Court Case:2:10-bk-41229)

Bankruptcy filed - December 2010, discharged - April 2011
Full Name: Virginia Hammond 
Court Case:   2:10-bk-41229
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: December 28, 2010
Discharged: April 05, 2011