personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Lee Chareese D Wilson - Milwaukee, Wisconsin

Debtor:

ᐅ Wilson, Lee Chareese D - Milwaukee, Wisconsin (Court Case:14-27398)

Bankruptcy filed - June 2014, discharged - September 2014
Full Name: Lee Chareese D Wilson 
Court Case:   14-27398
Chapter 7: Chapter 7 bankruptcy differs from Chapter 13 in that it does not require a repayment plan. Instead, it involves a trustee selling the debtor's nonexempt assets to repay creditors, following the rules of the Bankruptcy Code. Debtors may keep exempt assets but risk losing other property through this process.
Filed: June 09, 2014
Discharged: September 07, 2014




Debtor:

ᐅ Wilson, Lee Chareese D - Milwaukee, Wisconsin (Court Case:15-25096)

Bankruptcy filed - May 2015, discharged - August 2015
Full Name: Lee Chareese D Wilson 
Court Case:   15-25096
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: May 03, 2015
Discharged: August 01, 2015