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Iii John Wimberly - Bangor, California


ᐅ Wimberly, Iii John - Bangor, California (Court Case:10-42204)

Bankruptcy filed - August 2010, discharged - November 2010
Full Name: Iii John Wimberly 
Court Case:   10-42204
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 19, 2010
Discharged: November 21, 2010