personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Nancylee Kelly - Morro Bay, California

Debtor:

ᐅ Kelly, Nancylee - Morro Bay, California (Court Case:9:15-bk-10551-DS)

Bankruptcy filed - March 2015, discharged - June 2015
Full Name: Nancylee Kelly 
Court Case:   9:15-bk-10551-DS
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 18, 2015
Discharged: June 16, 2015