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Lillian Serrano - Orlando, Florida

Debtor:

ᐅ Serrano, Lillian - Orlando, Florida (Court Case:6:09-bk-12916)

Bankruptcy filed - August 2009, discharged - December 2009
Full Name: Lillian Serrano 
Court Case:   6:09-bk-12916
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: August 30, 2009
Discharged: December 16, 2009