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Efrain Modesto Vizcaino - Midland, Texas

Debtor:

ᐅ Vizcaino, Efrain Modesto - Midland, Texas (Court Case:10-70234)

Bankruptcy filed - August 2010, discharged - May 2016
Full Name: Efrain Modesto Vizcaino 
Court Case:   10-70234
Chapter 13: Chapter 13 bankruptcy provides distinct advantages compared to Chapter 7, particularly in aiding individuals to prevent home foreclosure. It enables pausing foreclosure and settling overdue mortgage payments over time, while maintaining current mortgage dues. This chapter also offers debt restructuring opportunities for secured debts, extending the repayment period and potentially lowering payments. Notably, Chapter 13 includes provisions safeguarding co-signers on consumer debts from liability. It operates similarly to a consolidation loan, where the debtor pays the trustee, who then disburses funds to creditors, avoiding direct interaction between the debtor and creditors.
Filed: August 02, 2010
Discharged: May 30, 2016