Susan Aaron Brooklyn New York

7 Million Searchable Bankruptcy Files
Stop paying for leads!

Bankruptcy Database

Debtor: Aaron, Susan - Brooklyn, New York (NY)

Bankruptcy filed - December 2015, discharged - February 2016
Court Case: 1-15-45454 (New York Bankruptcy Court)
Chapter: 7, A chapter 7 ... In addition, the Bankruptcy Code will allow the debtor to keep ... §7
Filed: December 01, 2015
Discharged: February 29, 2016

Susan Aaron   Address: 1011 East 92nd Street Brooklyn, 11236-1719 New York

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.