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Richard Michaelis - Sarasota, Florida

Debtor:

ᐅ Michaelis, Richard - Sarasota, Florida (Court Case:8:09-bk-11197)

Bankruptcy filed - May 2009, discharged - September 2009
Full Name: Richard Michaelis 
Court Case:   8:09-bk-11197
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: May 28, 2009
Discharged: September 13, 2009