Tarsha Yvette Aaron Macon Georgia

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Debtor: Aaron, Tarsha Yvette - Macon, Georgia (GA)

Bankruptcy filed - June 2012, discharged - October 2012
Court Case: 12-51598 (Georgia Bankruptcy Court)
Chapter: 7, A chapter 7 ... accordance with the provisions of the Bankruptcy ... §7
Filed: June 19, 2012
Discharged: October 09, 2012

Tarsha Yvette Aaron   Address: 3329 Millerfield Road Macon, 31211 Georgia

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.