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Bankruptcy

: The Debt Podcast

How can I be ?insolvent? if I am paying my bills? One of a series

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We have a problem in our nation. Millions of families have spent money beyond their ability to repay. It's not bad that a family can make normal monthly payments on a credit card. However, credit card lines of credit are not assets. They are potential liabilities. And credit card debt, like any other liability, must be repaid.

Full post as published by The Debt Podcast on January 20, 2010 (boomark / email).

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