personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Patsy L Shepherd - Springdale, Arkansas

Debtor:

ᐅ Shepherd, Patsy L - Springdale, Arkansas (Court Case:5:14-bk-71520)

Bankruptcy filed - May 2014, discharged - August 2014
Full Name: Patsy L Shepherd 
Court Case:   5:14-bk-71520
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: May 14, 2014
Discharged: August 19, 2014