personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Krystal S Johnson - Jackson, Mississippi

Debtor:

ᐅ Johnson, Krystal S - Jackson, Mississippi (Court Case:16-01147-ee)

Bankruptcy filed - March 2016, discharged - June 2016
Full Name: Krystal S Johnson 
Court Case:   16-01147-ee
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: March 30, 2016
Discharged: June 28, 2016