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Francisco Abalo - Miami, Florida

Debtor:

ᐅ Abalo, Francisco - Miami, Florida (Court Case:11-33928)

Bankruptcy filed - August 2011, discharged - December 2011
Full Name: Francisco Abalo 
Court Case:   11-33928
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: August 28, 2011
Discharged: December 21, 2011