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Daniel William Lakmann - Bella Vista, California


ᐅ Lakmann, Daniel William - Bella Vista, California (Court Case:15-25711)

Bankruptcy filed - July 2015, discharged - October 2015
Full Name: Daniel William Lakmann 
Court Case:   15-25711
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: July 16, 2015
Discharged: October 14, 2015