personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Franklin Lee Mcdaniel - Harriman, Tennessee

Debtor:

ᐅ Mcdaniel, Franklin Lee - Harriman, Tennessee (Court Case:3:11-bk-31875)

Bankruptcy filed - April 2011, discharged - July 2011
Full Name: Franklin Lee Mcdaniel 
Court Case:   3:11-bk-31875
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: April 17, 2011
Discharged: July 22, 2011