personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Remo Laylo Lipa - Vallejo, California

Debtor:

ᐅ Lipa, Remo Laylo - Vallejo, California (Court Case:11-49268)

Bankruptcy filed - December 2011, discharged - April 2012
Full Name: Remo Laylo Lipa 
Court Case:   11-49268
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: December 19, 2011
Discharged: April 09, 2012