Saundra Joann Abadji Norman Oklahoma

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Debtor: Abadji, Saundra Joann - Norman, Oklahoma (OK)

Bankruptcy filed - September 2015, discharged - December 2015
Court Case: 15-13538 (Oklahoma Bankruptcy Court)
Chapter: 7, A chapter 7 ... the filing of a petition under chapter 7 may result ... §7
Filed: September 15, 2015
Discharged: December 14, 2015

Saundra Joann Abadji   Address: 1111 24th Avenue Southwest Norman, 73069-3951 Oklahoma

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.