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Catherine M Mcginnis - Youngstown, Ohio

Debtor:

ᐅ Mcginnis, Catherine M - Youngstown, Ohio (Court Case:2014-40650-kw)

Bankruptcy filed - March 2014, discharged - June 2014
Full Name: Catherine M Mcginnis 
Court Case:   2014-40650-kw
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 31, 2014
Discharged: June 29, 2014