In re Michael J. Parker and Cristina M. Parker
Mar 11, 2015OUTCOME: Chapter 11 Plan confirmed
On March 11, 2015, I confirmed a plan of reorganization in a Chapter 11 case entitled, In re Michael J. Parker and Cristina M. Parker, case no. 6:13-3051-MJ. The plan was unopposed and all ballots rece ... ived were in favor of the plan. The plan allows the Debtors to pay back their general unsecured debts totaling over $1.1 million dollars, only 1% over 5 years. The confirmed plan also involved the successful reorganization of the loans on Debtors’ residence, their vehicles, and their motorboat. I have now confirmed a chapter 11 plan of reorganization in each of the four courthouses in the Central District of California.
