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Court Case: | 11-13932 |
Chapter 7: | Unlike Chapter 13's repayment structure, Chapter 7 involves no such plan. Here, a trustee is responsible for selling the debtor's nonexempt property, using the proceeds to pay creditors. Although some property is exempt, debtors might lose significant assets under Chapter 7. |
Filed: | April 04, 2011 |
Discharged: | July 21, 2011 |