Matthew Jacob Aaron Elkhart Indiana

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: Aaron, Matthew Jacob - Elkhart, Indiana (IN)

Bankruptcy filed - March 2014, discharged - May 2014
Court Case: 14-30358 (Indiana Bankruptcy Court)
Chapter: 7, A chapter 7 ... property; but a trustee will liquidate the debtor's remaining assets. ... §7
Filed: March 02, 2014
Discharged: May 31, 2014

Matthew Jacob Aaron   Address: 29125 County Road 4 Elkhart, 46514-9675 Indiana

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.