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Michael J Velasco - Dearborn Heights, Michigan

Debtor:

ᐅ Velasco, Michael J - Dearborn Heights, Michigan (Court Case:11-44659)

Bankruptcy filed - February 2011, discharged - May 2011
Full Name: Michael J Velasco 
Court Case:   11-44659
Chapter 7: Chapter 13 bankruptcy is characterized by its repayment plan, which does not involve the liquidation of the debtor's assets. In this arrangement, instead of selling nonexempt property to pay creditors, the debtor makes payments through a structured plan overseen by a trustee. This approach allows debtors to retain their assets while working towards debt resolution.
Filed: February 23, 2011
Discharged: May 31, 2011