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Michael Thomas Ruud - Los Angeles, California

Debtor:

ᐅ Ruud, Michael Thomas - Los Angeles, California (Court Case:2:14-bk-13060-TD)

Bankruptcy filed - February 2014, discharged - May 2014
Full Name: Michael Thomas Ruud 
Court Case:   2:14-bk-13060-TD
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: February 18, 2014
Discharged: May 19, 2014