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Debra Sue Mcconnell - Baker, California


ᐅ Mcconnell, Debra Sue - Baker, California (Court Case:6:12-bk-26306-MH)

Bankruptcy filed - July 2012, discharged - November 2012
Full Name: Debra Sue Mcconnell 
Court Case:   6:12-bk-26306-MH
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: July 10, 2012
Discharged: November 12, 2012