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Farhan M Wahand - Brooklyn, New York

Debtor:

ᐅ Wahand, Farhan M - Brooklyn, New York (Court Case:1-12-43254)

Bankruptcy filed - May 2012, discharged - August 2012
Full Name: Farhan M Wahand 
Court Case:   1-12-43254
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: May 02, 2012
Discharged: August 25, 2012