Holly Haffey Smiths Station Alabama

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

A
B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Debtor: Haffey, Holly - Smiths Station, Alabama (AL)

Bankruptcy filed - August 2015, discharged - November 2015
Court Case: 15-81066 (Alabama Bankruptcy Court)
Chapter: 7, A chapter 7 ... property; but a trustee will liquidate the debtor's ... §7
Filed: August 06, 2015
Discharged: November 04, 2015

Holly Haffey   Address: 237 Lee Road 580 Smiths Station, 36877-2347 Alabama

A chapter 7 bankruptcy case does not involve the filing of a plan of repayment as in chapter 13. Instead, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. Part of the debtor's property may be subject to liens and mortgages that pledge the property to other creditors. In addition, the Bankruptcy Code will allow the debtor to keep certain "exempt" property; but a trustee will liquidate the debtor's remaining assets. Accordingly, potential debtors should realize that the filing of a petition under chapter 7 may result in the loss of property.