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Terez D Baskin - Bellwood, Illinois

Debtor:

ᐅ Baskin, Terez D - Bellwood, Illinois (Court Case:16-11576)

Bankruptcy filed - April 2016, discharged - July 2016
Full Name: Terez D Baskin 
Court Case:   16-11576
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: April 03, 2016
Discharged: July 02, 2016