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Hexon Serrano - Los Angeles, California

Debtor:

ᐅ Serrano, Hexon - Los Angeles, California (Court Case:2:15-bk-24538-BB)

Bankruptcy filed - September 2015, discharged - January 2016
Full Name: Hexon Serrano 
Court Case:   2:15-bk-24538-BB
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: September 20, 2015
Discharged: January 03, 2016