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Finance

ABI - American Bankruptcy Institute

12/04/2023 | News release | Distributed by Public on 12/02/2023 18:28

A Refinanced Consumer Loan Might Not Be a ‘Consumer Debt,’ Ninth Circuit Says

December 4, 2023

A Refinanced Consumer Loan Might Not Be a 'Consumer Debt,' Ninth Circuit Says

Refinancing a consumer loan to obtain a lower interest rate might make an individual debtor eligible for chapter 7.

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