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I Surrender: Getting Rid of Unwanted Encumbered Property in a Consumer Bankruptcy Case

A debtor’s real property is worth less than the debt it secures. Taxes, HOA fees, fines and liability for accidents can pile up on property that a debtor can’t afford and no longer wants. This panel examines whether a debtor can get rid of the property and these problems in bankruptcy.

2016
Bankruptcy Code

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