What is the difference between secured and unsecured debt?

 Secured debt is a debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages, auto loans, and tax liens.  Unsecured debt is a claim or
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I admire adult children trying to explore the ins and outs of bankruptcy and help their parents. I receive many calls from concerned family members trying to assist someone who has no idea what bankruptcy is or what it does. Most of the time the parent has worked hard their entire life and are hit with covid, lack of property insurance, lack of homeowners insurance, divorce or rental displacement. Living on social security and/or a pension can be devasting for them and impossible to sustain. Bravo to you for reaching out on their behalf!

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Conditions are ripe for scams and fraud:

AARP has a new program to help those victims- We recently launched AARP VOA ReST, a free program that provides emotional support for people affected by a scam or fraud. ReST sessions are online, hour-long, confidential small groups and led by trained peer facilitators. Experiencing
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Drug prices soar

Do your due diligence, and shop around. Good Rx and other discount prescription companies offer better pricing on some prescriptions than health insurance and medicare.
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