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James W Simmons - Shannon, Mississippi

Debtor:

ᐅ Simmons, James W - Shannon, Mississippi (Court Case:15-11017)

Bankruptcy filed - March 2015, discharged - June 2015
Full Name: James W Simmons 
Court Case:   15-11017
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 19, 2015
Discharged: June 17, 2015