personal-bankruptc

     7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Aldo Abad - Louisville, Kentucky

Debtor:

ᐅ Abad, Aldo - Louisville, Kentucky (Court Case:12-30286)

Bankruptcy filed - January 2012, discharged - May 2012
Full Name: Aldo Abad 
Court Case:   12-30286
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: January 24, 2012
Discharged: May 11, 2012