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Rachelle K Stinson - Mason, Michigan

Debtor:

ᐅ Stinson, Rachelle K - Mason, Michigan (Court Case:12-08291)

Bankruptcy filed - September 2012, discharged - December 2012
Full Name: Rachelle K Stinson 
Court Case:   12-08291
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: September 13, 2012
Discharged: December 18, 2012