personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Jr Stephen C Garramone - Utica, New York

Debtor:

ᐅ Garramone, Jr Stephen C - Utica, New York (Court Case:14-60458-6-dd)

Bankruptcy filed - March 2014, discharged - June 2014
Full Name: Jr Stephen C Garramone 
Court Case:   14-60458-6-dd
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 24, 2014
Discharged: June 22, 2014