personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Patrick D Cossey - Frankford, Delaware

Debtor:

ᐅ Cossey, Patrick D - Frankford, Delaware (Court Case:2013-10424)

Bankruptcy filed - February 2013, discharged - January 2014
Full Name: Patrick D Cossey 
Court Case:   2013-10424
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: February 28, 2013
Discharged: January 28, 2014