personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Filemon Soto - Coachella, California

Debtor:

ᐅ Soto, Filemon - Coachella, California (Court Case:6:10-bk-49952-CB)

Bankruptcy filed - December 2010, discharged - April 2011
Full Name: Filemon Soto 
Court Case:   6:10-bk-49952-CB
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: December 12, 2010
Discharged: April 16, 2011