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Bankruptcy or Debt Settlement?

[postlink] http://information-on-debt-consolidation.blogspot.com/2011/10/bankruptcy-or-debt-settlement.html[/postlink] http://www.youtube.com/watch?v=B0S2sRPIVIAendofvid[starttext]You raise a great point with the taxable income issue. So many people do not realize that settleing a debt means they may incur a new non discharable debt.[endtext]
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