personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Jonathon K Simmons - Tulsa, Oklahoma

Debtor:

ᐅ Simmons, Jonathon K - Tulsa, Oklahoma (Court Case:13-11179-M)

Bankruptcy filed - May 2013, discharged - August 2013
Full Name: Jonathon K Simmons 
Court Case:   13-11179-M
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, 2013
Discharged: August 18, 2013