Janice Renee Aasen Brooklyn Park Minnesota

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

Debtor: Aasen, Janice Renee - Brooklyn Park, Minnesota (MN)

Bankruptcy filed - September 2013, discharged - December 2013
Court Case: 13-44659 (Minnesota Bankruptcy Court)
Chapter: 7, A chapter 7 ... as in chapter 13. Instead, the bankruptcy trustee ... §7
Filed: September 23, 2013
Discharged: December 23, 2013

Janice Renee Aasen   Address: 9945 Russell Avenue North Apartment 11 Brooklyn Park, 55444 Minnesota

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.