Christopher Lee Aaron Denham Springs Louisiana

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Debtor: Aaron, Christopher Lee - Denham Springs, Louisiana (LA)

Bankruptcy filed - March 2013, discharged - June 2013
Court Case: 13-10282 (Louisiana Bankruptcy Court)
Chapter: 7, A chapter 7 ... case does not involve the filing of ... §7
Filed: March 07, 2013
Discharged: June 11, 2013

Christopher Lee Aaron   Address: 12361 Mimosa Drive Denham Springs, 70726 Louisiana

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.