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Juanita Elaine Babauta - American Canyon, California


ᐅ Babauta, Juanita Elaine - American Canyon, California (Court Case:11-14652)

Bankruptcy filed - December 2011, discharged - April 2012
Full Name: Juanita Elaine Babauta 
Court Case:   11-14652
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: December 29, 2011
Discharged: April 15, 2012