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Jimmy L Humphrey - Jacksonville, Florida

Debtor:

ᐅ Humphrey, Jimmy L - Jacksonville, Florida (Court Case:3:09-bk-03531)

Bankruptcy filed - May 2009, discharged - August 2009
Full Name: Jimmy L Humphrey 
Court Case:   3:09-bk-03531
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: May 01, 2009
Discharged: August 17, 2009