Even though I have been doing credit and collections for over 20 years, this is the first time I became aware that the bankruptcy court can reclassify a secured debt into an unsecured debt, allowing the borrower to keep the asset and wipe away the loan. Of course this is only for a house [...]
I admire Ron Paul and the message he is trying to get out. He has always been against the war and consistently voted against it and its funding, unlike other politicians who claimed they were against the war (ahem, President Obama). Funny how our current President was against these wars and now has the power [...]
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