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David Dean Massengill - Raleigh, North Carolina

Debtor:

ᐅ Massengill, David Dean - Raleigh, North Carolina (Court Case:15-00963-5)

Bankruptcy filed - February 2015, discharged - May 2015
Full Name: David Dean Massengill 
Court Case:   15-00963-5
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: February 18, 2015
Discharged: May 19, 2015