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Eugene Alfred Valencia - Colorado Springs, Colorado

Debtor:

ᐅ Valencia, Eugene Alfred - Colorado Springs, Colorado (Court Case:12-20410)

Bankruptcy filed - May 2012, discharged - August 2012
Full Name: Eugene Alfred Valencia 
Court Case:   12-20410
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 17, 2012
Discharged: August 18, 2012