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George M Tiedemann - Bethpage, New York

Debtor:

ᐅ Tiedemann, George M - Bethpage, New York (Court Case:8-11-77241)

Bankruptcy filed - October 2011, discharged - January 2012
Full Name: George M Tiedemann 
Court Case:   8-11-77241
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: October 10, 2011
Discharged: January 17, 2012