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Joseph Wade Formicola - Holly Springs, North Carolina

Debtor:

ᐅ Formicola, Joseph Wade - Holly Springs, North Carolina (Court Case:13-05163-8)

Bankruptcy filed - August 2013, discharged - November 2013
Full Name: Joseph Wade Formicola 
Court Case:   13-05163-8
Chapter 7: Chapter 13 bankruptcy is characterized by its repayment plan, which does not involve the liquidation of the debtor's assets. In this arrangement, instead of selling nonexempt property to pay creditors, the debtor makes payments through a structured plan overseen by a trustee. This approach allows debtors to retain their assets while working towards debt resolution.
Filed: August 15, 2013
Discharged: November 19, 2013