James A Aardema Land O Lakes Florida

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

A
B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Debtor: Aardema, James A - Land O Lakes, Florida (FL)

Bankruptcy filed - May 2013, discharged - August 2013
Court Case: 8:13-bk-07050 (Florida Bankruptcy Court)
Chapter: 7, A chapter 7 ... to liens and mortgages that pledge ... §7
Filed: May 28, 2013
Discharged: August 26, 2013

James A Aardema   Address: 23321 Gracewood Circle Land O Lakes, 34639 Florida

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.