7 Million Searchable Bankruptcy Files. Stop paying for leads!

Bankruptcy Database

Michael D Willard - Charlemont, Massachusetts


ᐅ Willard, Michael D - Charlemont, Massachusetts (Court Case:2014-30762)

Bankruptcy filed - July 2014, discharged - October 2014
Full Name: Michael D Willard 
Court Case:   2014-30762
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 31, 2014
Discharged: October 29, 2014