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Mary Nickoloff - Lorain, Ohio

Debtor:

ᐅ Nickoloff, Mary - Lorain, Ohio (Court Case:10-21752)

Bankruptcy filed - December 2010, discharged - March 2011
Full Name: Mary Nickoloff 
Court Case:   10-21752
Chapter 7: In the framework of Chapter 13 bankruptcy, a structured repayment plan is central, differing significantly from scenarios where assets are liquidated to satisfy debts. Here, rather than resorting to the sale of the debtor's nonexempt property, a managed plan allows for debt resolution while the debtor retains their property. This method involves organizing payments to creditors, overseen by a trustee, without the need to liquidate assets. It's designed to protect certain assets from being sold, providing a path for debtors to avoid the potential loss of property while addressing their financial obligations.
Filed: December 01, 2010
Discharged: March 14, 2011