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Jr Dwight Pennell - Randleman, North Carolina

Debtor:

ᐅ Pennell, Jr Dwight - Randleman, North Carolina (Court Case:10-10519)

Bankruptcy filed - March 2010, discharged - July 2010
Full Name: Jr Dwight Pennell 
Court Case:   10-10519
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: March 17, 2010
Discharged: July 10, 2010