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Ronald William Aarup - Yucca Valley, California

Debtor:

ᐅ Aarup, Ronald William - Yucca Valley, California (Court Case:6:14-bk-12032-DS)

Bankruptcy filed - February 2014, discharged - June 2014
Full Name: Ronald William Aarup 
Court Case:   6:14-bk-12032-DS
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: February 18, 2014
Discharged: June 01, 2014