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Jr Frank Abbot - Bakersfield, California


ᐅ Abbot, Jr Frank - Bakersfield, California (Court Case:10-15674)

Bankruptcy filed - May 2010, discharged - August 2010
Full Name: Jr Frank Abbot 
Court Case:   10-15674
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: May 20, 2010
Discharged: August 28, 2010