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Holly Adale Trachy - Corona, California

Debtor:

ᐅ Trachy, Holly Adale - Corona, California (Court Case:8:16-bk-11793-MW)

Bankruptcy filed - April 2016, discharged - July 2016
Full Name: Holly Adale Trachy 
Court Case:   8:16-bk-11793-MW
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: April 27, 2016
Discharged: July 26, 2016