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William Thomas Gilbert - West Lafayette, Indiana

Debtor:

ᐅ Gilbert, William Thomas - West Lafayette, Indiana (Court Case:13-40387)

Bankruptcy filed - June 2013, discharged - September 2013
Full Name: William Thomas Gilbert 
Court Case:   13-40387
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: June 20, 2013
Discharged: September 24, 2013