7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Jr Thomas Ray Frank - Aledo, Texas


ᐅ Frank, Jr Thomas Ray - Aledo, Texas (Court Case:13-44404)

Bankruptcy filed - September 2013, discharged - December 2013
Full Name: Jr Thomas Ray Frank 
Court Case:   13-44404
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: September 26, 2013
Discharged: December 31, 2013