Good Morning Jonee,
Welcome to this forum and the great people like Carrie who post here and try to help others.
If I may - First if your L1/L2 disc is fine then your spine is in better shape than mine. That of course does not lessen the "difficulties" at the other places in your spine.
I honestly cannot understand a lot of the medical terms that are in MRI reports. I believe that one must get a professional medical analysis of the MRI images from several neurologists/spinal surgeons. Find the very best spinal doctors that you can find. It is one step at a time, and it does take time. Remember, surgery IS the LAST option.
Regarding bulging discs - Yep got those too. Thank you Carrie for inviting me to give my understanding of a bulging disc. It is a matter of the disc between the adjacent vertebrae buldging out more than what a "normal" disc would. The fact that a disc may be bulging does not say that that the adjacent vertebrae have slipped. Only at L5/S1 have the two vertebrae slipped for me.
Now search out the best spinal doctors you can find and get their opinions about your spine after their analysis of the MRI images, X-rays, and exam of your back.
I wish you the very best.
RichT