Laryesa Moscha Aaron Morrow Georgia

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Debtor: Aaron, Laryesa Moscha - Morrow, Georgia (GA)

Bankruptcy filed - October 2013, discharged - January 2014
Court Case: 13-71971 (Georgia Bankruptcy Court)
Chapter: 7, A chapter 7 ... does not involve the filing of a ... §7
Filed: October 04, 2013
Discharged: January 12, 2014

Laryesa Moscha Aaron   Address: 6668 Vesta Brook Drive Morrow, 30260 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.