personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Susan Michelle Stokes - Troy, Illinois

Debtor:

ᐅ Stokes, Susan Michelle - Troy, Illinois (Court Case:15-31252)

Bankruptcy filed - August 2015, discharged - November 2015
Full Name: Susan Michelle Stokes 
Court Case:   15-31252
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: August 11, 2015
Discharged: November 09, 2015