Saginaw Dermatopathologist Struggles with Financial Troubles

News Summary

Dr. David L. Stockman, a dermatopathologist in Saginaw, Michigan, faces legal and financial challenges, including court judgments and bankruptcy filings. With debts over $150,000, his situation worsens as he misses court dates and faces multiple lawsuits. Despite his active medical licenses, the mounting troubles raise concerns about his professional future, especially with upcoming court appearances looming.

Saginaw Dermatopathologist Faces Serious Financial Woes

In the heart of Saginaw, Michigan, Dr. David L. Stockman, a dermatopathologist known for his work in the medical community, is facing a significant storm of legal and financial troubles that seems to be spiraling out of control. As of now, he owes a staggering amount close to $150,000 to a federal savings bank, and it looks like he just can’t catch a break.

No-Show in Court

Mark your calendars: on March 28, 2024, Stockman was supposed to show up for a debtor discovery examination in Saginaw County Business Court. But rather surprisingly, he didn’t make it. Because of his absence, a bench warrant was issued for his arrest. This wasn’t just a one-time oversight; he previously missed another court date in January 2025. Curiously, while still tangled in these Saginaw courts, Stockman was busy down in South Carolina filing for Chapter 7 bankruptcy for his company, Specialized Pathology Partners (SPP).

Bankruptcy Shenanigans

Here’s where it gets a little tricky. Records indicate that SPP was based at 4798 Wenmar Drive in Saginaw Township, but the bankruptcy papers list an address at a Fairfield Inn & Suites in Charleston, South Carolina. It’s important to note that for him to qualify for bankruptcy in South Carolina, he needs to have lived there for at least 91 out of the last 180 days—which is raising eyebrows.

Legal Judgments Piling Up

Stockman isn’t just dealing with bankruptcy. Back in August 2023, Judge M. Randall Jurrens issued a default judgment against him and SPP, ordering them to fork over $122,292.42 to TIAA because they failed to keep up with payments on leased ultrasound and radiology machines. Additionally, he has been told to pay over $12,610.86 personally, along with other legal fees amounting to roughly $6,792.82, which he has not paid. As if that weren’t enough, in August 2024, another judgment came down, this time for more than $131,626.18 owed to Wildfire Credit Union.

Caught in a Web of Lawsuits

There’s even more drama on the horizon for Dr. Stockman. He currently faces a third default judgment for around $55,000 owed to forensic pathologist Dr. Donald Higgs due to bounced payments. Higgs has even taken matters into his own hands by garnishing Stockman’s wages. Adding to the tension, Saginaw County prosecutors have started looking into his case to see if anything criminal needs to be pursued.

Sanctions and Attorney Troubles

In a twist that you usually only see in TV dramas, Stockman is also facing sanctions amounting to $3,560 from Judge Jurrens for his conduct in court. His troubles with legal representatives don’t end there; his attorney even filed a motion to withdraw from the case after a breakdown in their relationship following the arbitration ruling.

Pending Lawsuits and Medical Licenses

To make matters even more chaotic, Stockman is dealing with lawsuits from multiple doctors, including Dr. Robert Odze from Harvard Medical School and Dr. Kishore L. Jayakumar, who claim he hasn’t paid them for work done.This makes for a perfect storm of legal complications that just keep piling up. Despite all that’s happening, it’s surprising to note that his medical licenses remain active, with an expiration date set for September 8.

Next Court Appearance

Mark your calendars again, as Stockman is slated to be in front of Judge Jurrens again on April 7 to answer for a lawsuit filed by Dr. Russell L. Bush, whom he previously terminated. This case has already been through arbitration, and it doesn’t look good for Stockman, as the ruling found him liable for $551,800 and determined that he acted with intent and malice. With more court dates approaching and debts mounting, many are left wondering what will happen next in this ongoing saga.

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