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Michael Borum - Ellicott City, Maryland

Debtor:

ᐅ Borum, Michael - Ellicott City, Maryland (Court Case:3-10-11723)

Bankruptcy filed - March 2010, discharged - June 2010
Full Name: Michael Borum 
Court Case:   3-10-11723
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: March 10, 2010
Discharged: June 16, 2010