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John Karl Hofmann - Santa Barbara, California

Debtor:

ᐅ Hofmann, John Karl - Santa Barbara, California (Court Case:9:12-bk-12866-RR)

Bankruptcy filed - July 2012, discharged - December 2012
Full Name: John Karl Hofmann 
Court Case:   9:12-bk-12866-RR
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: July 29, 2012
Discharged: December 01, 2012