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Bankruptcy

: The Debt Podcast

Paying Family Members Back Before a Bankruptcy

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When a person is in financial trouble, it’s natural to look to family members for support.  It’s also natural to want to pay back family members and not other creditors (like credit card creditors) before a bankruptcy.  However, this is a bad idea and a classic pitfall for people planning a bankruptcy.  This is because [...]

Full post as published by The Debt Podcast on April 11, 2008 (boomark / email).

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