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David Stanley Stinson - Laguna Woods, California

Debtor:

ᐅ Stinson, David Stanley - Laguna Woods, California (Court Case:8:15-bk-12404-MW)

Bankruptcy filed - May 2015, discharged - August 2015
Full Name: David Stanley Stinson 
Court Case:   8:15-bk-12404-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: May 07, 2015
Discharged: August 05, 2015