Robin J Aafedt Pahrump Nevada

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Debtor: Aafedt, Robin J - Pahrump, Nevada (NV)

Bankruptcy filed - September 2015, discharged - December 2015
Court Case: 15-15188 (Nevada Bankruptcy Court)
Chapter: 7, A chapter 7 ... addition, the Bankruptcy Code will allow the ... §7
Filed: September 09, 2015
Discharged: December 08, 2015

Robin J Aafedt   Address: 4200 Kisha Avenue Pahrump, 89061-8715 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.