Shulamite Ayen Abang Fort Worth Texas

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Debtor: Abang, Shulamite Ayen - Fort Worth, Texas (TX)

Bankruptcy filed - April 2014, discharged - July 2014
Court Case: 2014-41565 (Texas Bankruptcy Court)
Chapter: 7, A chapter 7 ... the property to other creditors. In addition, the Bankruptcy Code ... §7
Filed: April 10, 2014
Discharged: July 09, 2014

Shulamite Ayen Abang   Address: 14445 Oakridge Circle Apartment 2615 Fort Worth, 76155-4821 Texas

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.