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Charging UP credit cards
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Posted by Dom on January 02, 2002 at 20:59:40:
I heard about someone who was thinking about charging $12,000 on a personal credit card and purchasing tools for a business then filing bankruptcy and being able to keep everythig that she purscased because it was part of the business assets and not a personal property purchase. Is this true? could I charge up a card and give all of the items to someone or some business and not be liable for the debt? This seems to be a little shady- is it?
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