ᐅ Holden, Thomas L - Collinsville, Oklahoma (Court Case:13-11548-M)
Bankruptcy filed - June 2013, discharged - September 2013
Full Name: Thomas L Holden
Court Case:
13-11548-M
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.
ᐅ Holden, Thomas L - Collinsville, Oklahoma (Court Case:15-11737-M)
Bankruptcy filed - September 2015, discharged - December 2015
Full Name: Thomas L Holden
Court Case:
15-11737-M
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.
