personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Glenn E Lenig - Liverpool, Pennsylvania

Debtor:

ᐅ Lenig, Glenn E - Liverpool, Pennsylvania (Court Case:1:15-bk-05316)

Bankruptcy filed - December 2015, discharged - March 2016
Full Name: Glenn E Lenig 
Court Case:   1:15-bk-05316
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: December 13, 2015
Discharged: March 12, 2016