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Bankruptcy

: The Debt Podcast

Bankruptcy and Reverse Mortgages

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Senior citizens with fixed incomes frequently think about filing for bankruptcy.  Even though we have experienced a horrible mortgage meltdown, many retired people have actually paid off their houses and, at least in theory, still have equity.  Yet their social security income is not enough to live.  Even worse, many pensions have been cut back [...]

Full post as published by The Debt Podcast on June 19, 2009 (boomark / email).

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