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Old 03-12-2005, 11:05 PM   #110
bilmore
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Join Date: Mar 2003
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Quote:
Originally posted by Spanky
The people go out and hire all sorts of contracters to build stuff, buy items for their house, etc and then declare bankruptcy.
No way. Even the least sophisticated home contractor knows how to file and perfect a mechanic's lien. Secured debt - that's the way to go. Bankruptcy? No prob - take their house.
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