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Elwood Schatz - North Smithfield, Rhode Island

Debtor:

ᐅ Schatz, Elwood - North Smithfield, Rhode Island (Court Case:1:10-bk-13961)

Bankruptcy filed - September 2010, discharged - December 2010
Full Name: Elwood Schatz 
Court Case:   1:10-bk-13961
Chapter 7: Chapter 13 bankruptcy is characterized by its repayment plan, which does not involve the liquidation of the debtor's assets. In this arrangement, instead of selling nonexempt property to pay creditors, the debtor makes payments through a structured plan overseen by a trustee. This approach allows debtors to retain their assets while working towards debt resolution.
Filed: September 22, 2010
Discharged: December 20, 2010