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Guillermo Escobar - Canoga Park, California

Debtor:

ᐅ Escobar, Guillermo - Canoga Park, California (Court Case:1:11-bk-10989-MT)

Bankruptcy filed - January 2011, discharged - May 2011
Full Name: Guillermo Escobar 
Court Case:   1:11-bk-10989-MT
Chapter 7: Chapter 13 bankruptcy is characterized by its repayment plan, which does not involve the liquidation of the debtor's assets. In this arrangement, instead of selling nonexempt property to pay creditors, the debtor makes payments through a structured plan overseen by a trustee. This approach allows debtors to retain their assets while working towards debt resolution.
Filed: January 24, 2011
Discharged: May 04, 2011