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Edward Arakelian - Laguna Hills, California

Debtor:

ᐅ Arakelian, Edward - Laguna Hills, California (Court Case:8:12-bk-22047-CB)

Bankruptcy filed - October 2012, discharged - January 2013
Full Name: Edward Arakelian 
Court Case:   8:12-bk-22047-CB
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: October 15, 2012
Discharged: January 25, 2013