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Chong Baek - Cerritos, California

Debtor:

ᐅ Baek, Chong - Cerritos, California (Court Case:2:10-bk-59469-VZ)

Bankruptcy filed - November 2010, discharged - March 2011
Full Name: Chong Baek 
Court Case:   2:10-bk-59469-VZ
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: November 16, 2010
Discharged: March 21, 2011