personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Patrice Wilburn - Powder Springs, Georgia

Debtor:

ᐅ Wilburn, Patrice - Powder Springs, Georgia (Court Case:11-68405-jb)

Bankruptcy filed - June 2011, discharged - October 2011
Full Name: Patrice Wilburn 
Court Case:   11-68405-jb
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: June 23, 2011
Discharged: October 16, 2011