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Micheal Edwin Stevenson - Ventura, California

Debtor:

ᐅ Stevenson, Micheal Edwin - Ventura, California (Court Case:9:15-bk-10017-PC)

Bankruptcy filed - January 2015, discharged - April 2015
Full Name: Micheal Edwin Stevenson 
Court Case:   9:15-bk-10017-PC
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: January 05, 2015
Discharged: April 05, 2015