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Matthew A Payan - Hesperia, California

Debtor:

ᐅ Payan, Matthew A - Hesperia, California (Court Case:6:15-bk-17390-MW)

Bankruptcy filed - July 2015, discharged - October 2015
Full Name: Matthew A Payan 
Court Case:   6:15-bk-17390-MW
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: July 23, 2015
Discharged: October 21, 2015