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Karl Bernhard Welsch - Fayetteville, Arkansas

Debtor:

ᐅ Welsch, Karl Bernhard - Fayetteville, Arkansas (Court Case:5:14-bk-73363)

Bankruptcy filed - November 2014, discharged - February 2015
Full Name: Karl Bernhard Welsch 
Court Case:   5:14-bk-73363
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: November 12, 2014
Discharged: February 10, 2015