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Philip James Sandstrom - Rocklin, California

Debtor:

ᐅ Sandstrom, Philip James - Rocklin, California (Court Case:13-31327)

Bankruptcy filed - August 2013, discharged - December 2013
Full Name: Philip James Sandstrom 
Court Case:   13-31327
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: August 27, 2013
Discharged: December 05, 2013