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Barbara Sakalauskas - Selden, New York

Debtor:

ᐅ Sakalauskas, Barbara - Selden, New York (Court Case:8-14-73615)

Bankruptcy filed - August 2014, discharged - November 2014
Full Name: Barbara Sakalauskas 
Court Case:   8-14-73615
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: August 03, 2014
Discharged: November 01, 2014