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Scott Jared Mcfarland - Racine, Wisconsin

Debtor:

ᐅ Mcfarland, Scott Jared - Racine, Wisconsin (Court Case:16-20247)

Bankruptcy filed - January 2016, discharged - April 2016
Full Name: Scott Jared Mcfarland 
Court Case:   16-20247
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: January 12, 2016
Discharged: April 11, 2016