personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Smith David Patrick Mclaughlin - Fenton, Michigan

Debtor:

ᐅ Mclaughlin, Smith David Patrick - Fenton, Michigan (Court Case:12-34295)

Bankruptcy filed - October 2012, discharged - February 2013
Full Name: Smith David Patrick Mclaughlin 
Court Case:   12-34295
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: October 28, 2012
Discharged: February 01, 2013