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Reynaldo Alacar - Acampo, California


ᐅ Alacar, Reynaldo - Acampo, California (Court Case:2014-23542)

Bankruptcy filed - April 2014, discharged - July 2014
Full Name: Reynaldo Alacar 
Court Case:   2014-23542
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: April 04, 2014
Discharged: July 03, 2014