Ellar Louise Aaron Courtland Mississippi

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

Debtor: Aaron, Ellar Louise - Courtland, Mississippi (MS)

Bankruptcy filed - March 2013, discharged - July 2013
Court Case: 13-11234 (Mississippi Bankruptcy Court)
Chapter: 7, A chapter 7 ... trustee gathers and sells the debtor's nonexempt assets ... §7
Filed: March 25, 2013
Discharged: July 03, 2013

Ellar Louise Aaron   Address: 829 Carlisle Courtland, 38620 Mississippi

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.