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Ma Corazon Alcantara - American Canyon, California


ᐅ Alcantara, Ma Corazon - American Canyon, California (Court Case:10-13728)

Bankruptcy filed - September 2010, discharged - January 2011
Full Name: Ma Corazon Alcantara 
Court Case:   10-13728
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: September 27, 2010
Discharged: January 13, 2011