Eliza Aalto Peoria Arizona

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

A
B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Debtor: Aalto, Eliza - Peoria, Arizona (AZ)

Bankruptcy filed - December 2010, discharged - April 2011
Court Case: 2:10-bk-41125 (Arizona Bankruptcy Court)
Chapter: 7, A chapter 7 ... and mortgages that pledge the property to other ... §7
Filed: December 27, 2010
Discharged: April 04, 2011

Eliza Aalto   Address: 9015 West Palo Verde Avenue Peoria, 85345 Arizona

A chapter 7 bankruptcy case does not involve the filing of a plan of repayment as in chapter 13. Instead, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. Part of the debtor's property may be subject to liens and mortgages that pledge the property to other creditors. In addition, the Bankruptcy Code will allow the debtor to keep certain "exempt" property; but a trustee will liquidate the debtor's remaining assets. Accordingly, potential debtors should realize that the filing of a petition under chapter 7 may result in the loss of property.