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In Bankruptcy, Whats the Difference Between Secured and Unsecured Debt?

April 26, 2017Bankruptcy difference secured unsecured debt

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In Bankruptcy, Whats the Difference Between Secured and Unsecured Debt?

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When talking about bankruptcy, it is impossible to go through a conversation without mentioning secured and unsecured debt. Attorneys and people who are familiar with bankruptcy use these words and treat them as ordinary words.