Saturday, September 29, 2012

Zombie Debt Sometimes Will Haunt a Person After a Bankruptcy Filing

Even though all debt is supposed to be included in a bankruptcy discharge when someone is filing Chapter 7 bankruptcy, there is a type of debt that will sometimes resurface. In this day and age of the resurgence of horror movies, it makes sense to call this kind of debt, "Zombie Debt." In the credit industry, the delinquent debt has become one of the hottest new commodities to buy and sell.

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