personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Jr George Abad - Aurora, Colorado

Debtor:

ᐅ Abad, Jr George - Aurora, Colorado (Court Case:12-24549)

Bankruptcy filed - July 2012, discharged - October 2012
Full Name: Jr George Abad 
Court Case:   12-24549
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: July 10, 2012
Discharged: October 11, 2012