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Debt Review School

If married in Community of Property (COP) it is necessary for both husband and wife to enter debt review at the same time since, legally they are one person (sharing assets and debts regardless whose name they are in).

Both should have a very clear understanding of what they are agreeing to and how it will affect their financial situation.

All who are thinking about starting debt review should discuss it with those who they live with as it may impact on them too.

Note: To read the rest of this issue of Debtfree magazine click next/previous