personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Patrick Schaefer - Bethel, Connecticut

Debtor:

ᐅ Schaefer, Patrick - Bethel, Connecticut (Court Case:14-51400)

Bankruptcy filed - September 2014, discharged - December 2014
Full Name: Patrick Schaefer 
Court Case:   14-51400
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: September 07, 2014
Discharged: December 06, 2014