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Kerry Lee Falcon - Bella Vista, California


ᐅ Falcon, Kerry Lee - Bella Vista, California (Court Case:11-26151)

Bankruptcy filed - March 2011, discharged - June 2011
Full Name: Kerry Lee Falcon 
Court Case:   11-26151
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: March 10, 2011
Discharged: June 30, 2011