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Adil Mustafa - Richardson, Texas

Debtor:

ᐅ Mustafa, Adil - Richardson, Texas (Court Case:16-32653)

Bankruptcy filed - June 2016, discharged - September 2016
Full Name: Adil Mustafa 
Court Case:   16-32653
Chapter 7: In the framework of Chapter 13 bankruptcy, a structured repayment plan is central, differing significantly from scenarios where assets are liquidated to satisfy debts. Here, rather than resorting to the sale of the debtor's nonexempt property, a managed plan allows for debt resolution while the debtor retains their property. This method involves organizing payments to creditors, overseen by a trustee, without the need to liquidate assets. It's designed to protect certain assets from being sold, providing a path for debtors to avoid the potential loss of property while addressing their financial obligations.
Filed: June 30, 2016
Discharged: September 28, 2016