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Bankruptcy

: The Debt Podcast

The ?Forbidden Reason? For Pre-bankruptcy Spending

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Every chapter 7 or chapter 13 bankruptcy filing involves a creditors meeting which occurs about one month after the case is filed.  This meeting can unexpectedly become the perfect storm where, if enough of the wrong factors jell together, the debtor may blurt out the “forbidden reason” for spending down his or her bank accounts before [...]

Full post as published by The Debt Podcast on April 30, 2010 (boomark / email).

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