Doris Katherine Abalos Las Vegas Nevada

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Debtor: Abalos, Doris Katherine - Las Vegas, Nevada (NV)

Bankruptcy filed - March 2016, discharged - June 2016
Court Case: 16-11508 (Nevada Bankruptcy Court)
Chapter: 7, A chapter 7 ... chapter 13. Instead, the bankruptcy trustee gathers and sells the debtor's ... §7
Filed: March 22, 2016
Discharged: June 21, 2016

Doris Katherine Abalos   Address: 9105 West Flamingo Road Apartment 1016 Las Vegas, 89147-6431 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.