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Louis Velez - Long Island City, New York

Debtor:

ᐅ Velez, Louis - Long Island City, New York (Court Case:1-09-50186)

Bankruptcy filed - November 2009, discharged - February 2010
Full Name: Louis Velez 
Court Case:   1-09-50186
Chapter 7: Chapter 7 bankruptcy differs from Chapter 13 in that it does not require a repayment plan. Instead, it involves a trustee selling the debtor's nonexempt assets to repay creditors, following the rules of the Bankruptcy Code. Debtors may keep exempt assets but risk losing other property through this process.
Filed: November 17, 2009
Discharged: February 24, 2010