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Penny Jo Trammel - Whiteland, Indiana

Debtor:

ᐅ Trammel, Penny Jo - Whiteland, Indiana (Court Case:15-07011-JMC-7)

Bankruptcy filed - August 2015, discharged - November 2015
Full Name: Penny Jo Trammel 
Court Case:   15-07011-JMC-7
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: August 17, 2015
Discharged: November 15, 2015