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Veney Oneatra T Lee - Kilmarnock, Virginia

Debtor:

ᐅ Lee, Veney Oneatra T - Kilmarnock, Virginia (Court Case:08-34436)

Bankruptcy filed - September 2008, discharged - December 2013
Full Name: Veney Oneatra T Lee 
Court Case:   08-34436
Chapter 13: Chapter 13 bankruptcy offers several benefits over Chapter 7, especially for individuals looking to avoid losing their homes. It allows for the temporary halting of foreclosure processes, giving homeowners the chance to catch up on missed mortgage payments through a structured plan, while staying current on their ongoing mortgage obligations. Additionally, this chapter provides avenues for restructuring secured debts, which can extend repayment terms and may reduce the amount of each payment. A key feature of Chapter 13 is its protection for co-signers on consumer debts, shielding them from being held liable. The process functions in a manner akin to a consolidation loan, with the debtor making payments to a trustee, who then allocates these funds to the creditors, thereby eliminating the need for direct contact between the debtor and creditors.
Filed: September 14, 2008
Discharged: December 02, 2013