Sawin & Shea
AUGUST 9, 2023
You aren’t allowed to pick and choose which debt you want the bankruptcy to apply to. Briefly, unsecured debts are not backed by any collateral and include things like credit card balances and unpaid medical bills. However, secured debt means the borrower has put up collateral (e.g. The answer is yes.
Collection Industry News
JANUARY 13, 2024
For example, mortgage debt would be positively correlated with the homeownership rate and home prices in respective states, which are again affected by state level income.” The New York Fed researcher we talked to told us that credit card debt also has its own factors associated with it. Keep your eyes on the prize: a debt-free life.
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