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Jorge Armando Aguilar - Bakersfield, California


ᐅ Aguilar, Jorge Armando - Bakersfield, California (Court Case:11-15207)

Bankruptcy filed - May 2011, discharged - August 2011
Full Name: Jorge Armando Aguilar 
Court Case:   11-15207
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 02, 2011
Discharged: August 22, 2011