ᐅ Mcclafferty, Philip E - Clayton, Delaware (Court Case:13-11253)
Bankruptcy filed - May 2013, discharged - August 2013
Full Name: Philip E Mcclafferty
Court Case:
13-11253
Chapter 7:
Chapter 7 bankruptcy differs from Chapter 13 in that it does not require a repayment plan. Instead, it involves a trustee selling the debtor's nonexempt assets to repay creditors, following the rules of the Bankruptcy Code. Debtors may keep exempt assets but risk losing other property through this process.
ᐅ Mcclafferty, Philip E - Clayton, Delaware (Court Case:2013-11253)
Bankruptcy filed - May 2013, discharged - August 2013
Full Name: Philip E Mcclafferty
Court Case:
2013-11253
Chapter 7:
Chapter 7 bankruptcy differs from Chapter 13 in that it does not require a repayment plan. Instead, it involves a trustee selling the debtor's nonexempt assets to repay creditors, following the rules of the Bankruptcy Code. Debtors may keep exempt assets but risk losing other property through this process.
