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Kevin Parks - Bella Vista, California


ᐅ Parks, Kevin - Bella Vista, California (Court Case:10-21959)

Bankruptcy filed - January 2010, discharged - May 2010
Full Name: Kevin Parks 
Court Case:   10-21959
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: January 27, 2010
Discharged: May 07, 2010