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Lubomir Nikolov - Crystal Lake, Illinois

Debtor:

ᐅ Nikolov, Lubomir - Crystal Lake, Illinois (Court Case:10-73108)

Bankruptcy filed - June 2010, discharged - September 2010
Full Name: Lubomir Nikolov 
Court Case:   10-73108
Chapter 7: Chapter 13 bankruptcy is characterized by its repayment plan, which does not involve the liquidation of the debtor's assets. In this arrangement, instead of selling nonexempt property to pay creditors, the debtor makes payments through a structured plan overseen by a trustee. This approach allows debtors to retain their assets while working towards debt resolution.
Filed: June 20, 2010
Discharged: September 26, 2010