personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Dean Lam - Eastvale, California

Debtor:

ᐅ Lam, Dean - Eastvale, California (Court Case:6:14-bk-11095-DS)

Bankruptcy filed - January 2014, discharged - May 2014
Full Name: Dean Lam 
Court Case:   6:14-bk-11095-DS
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: January 29, 2014
Discharged: May 11, 2014