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Guzman Arnoldo Penaloza - Los Angeles, California

Debtor:

ᐅ Penaloza, Guzman Arnoldo - Los Angeles, California (Court Case:2:12-bk-48886-BR)

Bankruptcy filed - November 2012, discharged - March 2013
Full Name: Guzman Arnoldo Penaloza 
Court Case:   2:12-bk-48886-BR
Chapter 7: Chapter 13 bankruptcy is characterized by its repayment plan, which does not involve the liquidation of the debtor's assets. In this arrangement, instead of selling nonexempt property to pay creditors, the debtor makes payments through a structured plan overseen by a trustee. This approach allows debtors to retain their assets while working towards debt resolution.
Filed: November 22, 2012
Discharged: March 04, 2013