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Michael Houlditch - Colorado Springs, Colorado

Debtor:

ᐅ Houlditch, Michael - Colorado Springs, Colorado (Court Case:10-26394)

Bankruptcy filed - June 2010, discharged - September 2010
Full Name: Michael Houlditch 
Court Case:   10-26394
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: June 29, 2010
Discharged: September 30, 2010