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Soon Il Chung - Palisades Park, New Jersey

Debtor:

ᐅ Chung, Soon Il - Palisades Park, New Jersey (Court Case:15-21222)

Bankruptcy filed - June 2015, discharged - September 2015
Full Name: Soon Il Chung 
Court Case:   15-21222
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: June 14, 2015
Discharged: September 12, 2015