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Betty Jean Hooks - Mobile, Alabama

Debtor:

ᐅ Hooks, Betty Jean - Mobile, Alabama (Court Case:14-03003)

Bankruptcy filed - September 2014, discharged - December 2014
Full Name: Betty Jean Hooks 
Court Case:   14-03003
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: September 14, 2014
Discharged: December 13, 2014