It's true your miles may be protected as exempt property and not considered property of the debtor, he says, based on how the certificate reads. (creditcards.com)
A typical Chapter Thirteen petition would include a repayment plan that lasts up to five years, and is funded by both the debtor's wages, and by the sale of property of the debtor if applicable. (bankruptcy-alternatives-information.com)
Liquidation involves the appointment of a trustee who collects the non-exempt property of the debtor, sells it and distributes the proceeds to the creditors. (primerus.com)