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Maria Abalos - South El Monte, California

Debtor:

ᐅ Abalos, Maria - South El Monte, California (Court Case:2:10-bk-43651-PC)

Bankruptcy filed - August 2010, discharged - December 2010
Full Name: Maria Abalos 
Court Case:   2:10-bk-43651-PC
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: August 10, 2010
Discharged: December 13, 2010