Friday, April 25, 2014

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Secured party may bid amount up to amount of debt and don't have to come up with the cash. Not free to give away own property/make bad deal if serves to chat creditors. Must turn over assets for sale, but don't really get discharge from all debts. ... Doc Viewer

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Many different interest rates [credit cards, school loans] Terms: Pay the amount due within a certain, relatively short, period of time. Bank Debt / Bonds. Can be secured or unsecured. Don’t talk about a sale. ... Access Full Source

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