Winona Abad Las Vegas Nevada

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Debtor: Abad, Winona - Las Vegas, Nevada (NV)

Bankruptcy filed - November 2014, discharged - May 2015
Court Case: 14-17825 (Nevada Bankruptcy Court)
Chapter: 7, A chapter 7 ... other creditors. In addition, the Bankruptcy Code will allow ... §7
Filed: November 24, 2014
Discharged: May 19, 2015

Winona Abad   Address: 512 East Windmill Lane # 377 Las Vegas, 89123-1836 Nevada

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.