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Arakel Arakelyan - Van Nuys, California

Debtor:

ᐅ Arakelyan, Arakel - Van Nuys, California (Court Case:1:13-bk-11197-AA)

Bankruptcy filed - February 2013, discharged - June 2013
Full Name: Arakel Arakelyan 
Court Case:   1:13-bk-11197-AA
Chapter 7: Chapter 7 bankruptcy differs from Chapter 13 in that it does not require a repayment plan. Instead, it involves a trustee selling the debtor's nonexempt assets to repay creditors, following the rules of the Bankruptcy Code. Debtors may keep exempt assets but risk losing other property through this process.
Filed: February 20, 2013
Discharged: June 02, 2013