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Luis Alfredo Penado - North Hollywood, California

Debtor:

ᐅ Penado, Luis Alfredo - North Hollywood, California (Court Case:1:13-bk-10401-VK)

Bankruptcy filed - January 2013, discharged - April 2013
Full Name: Luis Alfredo Penado 
Court Case:   1:13-bk-10401-VK
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: January 17, 2013
Discharged: April 29, 2013