Al Abano Riverside California

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

Debtor: Abano, Al - Riverside, California (CA)

Bankruptcy filed - June 2010, discharged - October 2010
Court Case: 6:10-bk-28823-CB (California Bankruptcy Court)
Chapter: 7, A chapter 7 ... remaining assets. Accordingly, potential debtors should realize that the ... §7
Filed: June 17, 2010
Discharged: October 20, 2010

Al Abano   Address: 4229 Van Buren Boulevard Riverside, 92503 California

A chapter 7 bankruptcy case does not involve the filing of a plan of repayment as in chapter 13. Instead, the bankruptcy trustee gathers and sells the debtor's nonexempt assets and uses the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. Part of the debtor's property may be subject to liens and mortgages that pledge the property to other creditors. In addition, the Bankruptcy Code will allow the debtor to keep certain "exempt" property; but a trustee will liquidate the debtor's remaining assets. Accordingly, potential debtors should realize that the filing of a petition under chapter 7 may result in the loss of property.