personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Paul Kibbe - Virginia Beach, Virginia

Debtor:

ᐅ Kibbe, Paul - Virginia Beach, Virginia (Court Case:10-71790)

Bankruptcy filed - April 2010, discharged - July 2010
Full Name: Paul Kibbe 
Court Case:   10-71790
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: April 13, 2010
Discharged: July 30, 2010