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Luis Alberto Abundez - Sylmar, California

Debtor:

ᐅ Abundez, Luis Alberto - Sylmar, California (Court Case:1:12-bk-13867-AA)

Bankruptcy filed - April 2012, discharged - August 2012
Full Name: Luis Alberto Abundez 
Court Case:   1:12-bk-13867-AA
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: April 25, 2012
Discharged: August 28, 2012