personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Bailey Lorraine Spaulding - Tucson, Arizona

Debtor:

ᐅ Spaulding, Bailey Lorraine - Tucson, Arizona (Court Case:4:16-bk-03213)

Bankruptcy filed - March 2016, discharged - July 2016
Full Name: Bailey Lorraine Spaulding 
Court Case:   4:16-bk-03213
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 28, 2016
Discharged: July 17, 2016