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Barry Franks - Altaville, California


ᐅ Franks, Barry - Altaville, California (Court Case:10-94853)

Bankruptcy filed - December 2010, discharged - April 2011
Full Name: Barry Franks 
Court Case:   10-94853
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: December 14, 2010
Discharged: April 05, 2011