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Gail S Maass - Stockholm, New Jersey

Debtor:

ᐅ Maass, Gail S - Stockholm, New Jersey (Court Case:13-34512-RG)

Bankruptcy filed - November 2013, discharged - February 2014
Full Name: Gail S Maass 
Court Case:   13-34512-RG
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: November 06, 2013
Discharged: February 11, 2014