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Bankruptcy

: The Debt Podcast

Bankruptcy Liability Discharge: In Personam vs. In rem. PART I of II

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What the heck does that mean? Sounds like Latin. Well, it is. And it is the this very threshold foundation of Bankruptcy that sometimes confuses people the most. When one gets a discharge, what exactly does that mean? In its most basic sense, a Bankruptcy Discharge removes the personal liability of the underlying legal obligation. Sound [...] read more

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Full post as published by The Debt Podcast on March 09, 2008 (boomark / email).

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