personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Jr Thomas - Katy, Texas

Debtor:

ᐅ Thomas, Jr - Katy, Texas (Court Case:10-33485)

Bankruptcy filed - April 2010, discharged - August 2010
Full Name: Jr Thomas 
Court Case:   10-33485
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 28, 2010
Discharged: August 02, 2010