Jenifer Aaron Eagle Mountain Utah

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Debtor: Aaron, Jenifer - Eagle Mountain, Utah (UT)

Bankruptcy filed - April 2010, discharged - July 2010
Court Case: 10-24272 (Utah Bankruptcy Court)
Chapter: 7, A chapter 7 ... of claims (creditors) in accordance with the provisions of ... §7
Filed: April 05, 2010
Discharged: July 26, 2010

Jenifer Aaron   Address: 2995 East Ash Point Drive Eagle Mountain, 84005-4369 Utah

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.